U.S. Man Sentenced for Unlicensed Bitcoin Conversion Service

According to Cointelegraph, a Massachusetts man has been sentenced to six years in prison for operating an unlicensed cash-to-Bitcoin conversion service. Trung Nguyen, from Danvers, was sentenced by Boston federal court Judge Richard Stearns, who also ordered him to forfeit $1. 5 million. Following his prison term, Nguyen will undergo three years of supervised release source: https://www.binance.com/en/square/post/24615448167249?utm_source=BinanceNewsRSS