A New York man is facing 25 years in prison, after being convicted by a federal jury in Brooklyn of money laundering and operating an unlicensed money transmitting business. The unlicensed business the man was accused of operating was part of a scheme to launder money earned in bitcoin (BTC) from illegal drug trafficking, a press release from the U.S. Attorney's Office for the Eastern District of New York said....
New York Man Faces 25 Years in Prison for Bitcoin Money Laundering and Narcotics Scheme
Crypto News - 17 Oct 2022 22:00
A New York man is facing 25 years in prison, after being convicted by a federal jury in Brooklyn of money laundering and operating an unlicensed money transmitting business. The unlicensed business the man was accused of operating was part of a scheme to launder money earned in bitcoin (BTC) from illegal drug trafficking, a press release from the U.S. Attorney's Office for the Eastern District of New York said....
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