Welcome to BeerMoneyForum.com - BIGGEST MAKE MONEY FORUM ONLINE

[faribakhazaei]

The US Department of Justice has arrested a New Orleans-based bitcoin trader named Michael Yasko on charges of running an illicit money transfer business not registered with the Financial Crimes Network (FinCEN). Yasco owns and manages Nervous Light Capital. The US Department of Justice has said it sold Bitcoins and other digital currencies to its customers through Nervous Light Capital and bank accounts owned by four other companies. If convicted, Yasco will face up to five years in prison, a $ 250,000 fine, three years in custody and $ 100 for a mandatory special assessment.

 

[GoldenLady]

Considering that the Feds are having reservations about cryptocurrency, it makes sense that one would take caution in such dealings to avoid trouble.

 

[Niftyicon]

Businesses that directly with money are highly sensitive and should observe all necessary protocols for operating in a place because the slightest error could cause such business to be tagged either 'scam or fraud'

 

[GoldenLady]

Considering that the Feds are having reservations about cryptocurrency, it makes sense that one would take caution in such dealings to avoid trouble.

 

[Wisdom01]

I think they are really setting up laws to prevent cryptocurrency scams and other's , but hopes many would obey such a they won't end up in jail , because they refuse listen to the law