• Latest
Unlicensed Bitcoin Exchange Operator Indicted by Justice Department

Unlicensed Bitcoin Exchange Operator Indicted by Justice Department

July 24, 2019
ygg sea surpasses 10,000 scholarships in just six months of launch

YGG SEA Surpasses 10,000 Scholarships in Just Six Months of Launch

May 6, 2022
mintable launches industry changing gas free minting service on ethereum

Mintable Launches Industry Changing Gas Free Minting Service on Ethereum

May 1, 2022
5 projects enabling smart contract development on bitcoin

5 Projects Enabling Smart Contract Development on Bitcoin

April 29, 2022
bitcoin atm installed in mexico's senate building

Bitcoin ATM installed in Mexico’s Senate Building

April 27, 2022
cross chain services play a crucial role in facilitating continued adoption of defi applications

Cross-Chain Services Play a Crucial Role in Facilitating Continued Adoption of DeFi Applications

April 26, 2022
justin sun launches usdd, integrating the blockchain world and the real world with the decentralized stablecoin

Justin Sun Launches USDD, Integrating the Blockchain World and the Real World with the Decentralized Stablecoin

April 25, 2022
nfts: the next musical revolution

NFTs: The Next Musical Revolution

April 24, 2022
things you should know before investing in nfts

Things You Should Know Before Investing in NFTs

April 24, 2022
what are wrapped tokens?

What Are Wrapped Tokens?

April 23, 2022
what is the future of ethereum (eth)?

What is the future of Ethereum (ETH)?

April 22, 2022
green gaming

Everything You Need to Know About Play-to-Earn on Algorand in 2022

April 21, 2022
$ape going bananas as rumors of upcoming land sale of bayc metaverse gather momentum

$APE Going Bananas As Rumors of Upcoming Land Sale of BAYC Metaverse Gather Momentum

April 21, 2022
  • Home
  • Coin Market Cap
  • Bitcoin
  • Ethereum
  • Ripple
  • Litecoin
  • Alt Coin
  • Business
  • Trading
  • Mining
CoinNewsDaily
  • Home
  • Coin Market Cap
  • Bitcoin
  • Ethereum
  • Ripple
  • Litecoin
  • Alt Coin
  • Business
  • Trading
  • Mining
No Result
View All Result
  • Home
  • Coin Market Cap
  • Bitcoin
  • Ethereum
  • Ripple
  • Litecoin
  • Alt Coin
  • Business
  • Trading
  • Mining
No Result
View All Result
CoinNewsDaily
No Result
View All Result
Home Litecoin

Unlicensed Bitcoin Exchange Operator Indicted by Justice Department

coinnewsdaily by coinnewsdaily
July 24, 2019
in Litecoin
0
Unlicensed Bitcoin Exchange Operator Indicted by Justice Department
190
SHARES
1.5k
VIEWS
Share on FacebookShare on Twitter

Related articles

Bitcoin Will Overtake Gold’s MarketCap in 9 years, Says Bobby Lee |

Sell or hodl? How to prepare for the end of the bull run, Part 2

April 10, 2022
How to prepare for the end of the bull run, Part 1: Timing

How to prepare for the end of the bull run, Part 1: Timing

April 3, 2022

William Green, a 46-year-old New Jersey resident, was indicted by a federal grand jury on account of allegedly running an unlicensed money transmission service. The United States Department of Justice (DoJ) announced the indictment in a press release on July 24.

According to the DoJ, the indictment filings and court statements indicate that Green operated a fiat-to-Bitcoin (BTC) conversion service through the website Destination Bitcoin. As such, Green reportedly would receive money from his customers in order to convert their cash to BTC. The findings further indicated that Green had not registered with the Secretary of the United States Treasury in any capacity.

As noted in the announcement, a person is required by federal law to register any money transmitting businesses with the Secretary of the Treasury.

Sentencing

Regarding monetary quantities and compensation, the report says that Green converted over $2 million in fiat money to BTC. Moreover, the maximum penalty for Green’s alleged crime is 5 years imprisonment and a $250,000 fine.

According to the DoJ, Green was charged over the same issue in a criminal complaint filed on February 28.

As previously reported by Cointelegraph, the State of New Jersey filed a complaint last week about purportedly unregistered securities sales within its borders. The State accused blockchain-based online marketplace Pocketinns of selling over $400,000 in securities to investors, without registering with the state’s associated bureau.



Credit: Source link

Tags: Litecoin
Share76Tweet48
Previous Post

Chinese Company The9 Said to Be First Foreign Telegram ICO Investor

Next Post

US Treasury Secretary Mnuchin Voices New Pessimism About Bitcoin’s Future

coinnewsdaily

coinnewsdaily

CoinNewsDaily.com is an online Crypto Coin News Website that aims to provide latest trendy news from market and around the world.

Related Posts

Bitcoin Will Overtake Gold’s MarketCap in 9 years, Says Bobby Lee |
Bitcoin

Sell or hodl? How to prepare for the end of the bull run, Part 2

April 10, 2022
How to prepare for the end of the bull run, Part 1: Timing
Bitcoin

How to prepare for the end of the bull run, Part 1: Timing

April 3, 2022
Bull or bear market, creators are diving headfirst into crypto
Alt Coin

Bull or bear market, creators are diving headfirst into crypto

April 2, 2022
crypto listing and delisting announcements: week 9
Alt Coin

Crypto Listing and Delisting Announcements: Week 9

February 28, 2022
unstable markets how to invest in cryptocurrency
Alt Coin

How to invest in cryptocurrency when the market is uncertain, explained

December 21, 2021
be your own banker secrets
Alt Coin

Bitcoin and Crypto Wallet Hygiene 101

November 22, 2021
Load More
Next Post
US Treasury Secretary Mnuchin Voices New Pessimism About Bitcoin’s Future

US Treasury Secretary Mnuchin Voices New Pessimism About Bitcoin’s Future

Categories

  • Alt Coin
  • Bitcoin
  • Business
  • Ethereum
  • ICO
  • Litecoin
  • Mining
  • NFT
  • Ripple
  • Tech
  • Trading

What New here?

  • YGG SEA Surpasses 10,000 Scholarships in Just Six Months of Launch
  • Mintable Launches Industry Changing Gas Free Minting Service on Ethereum
  • 5 Projects Enabling Smart Contract Development on Bitcoin

Subscribe to Get More!

Loading
  • About Us
  • Contact Us
  • Privacy & Policy

© 2018-2021 CoinNewsDaily.com by CoinNewsDaily Inc. Crafted with Love by iFtiDev

No Result
View All Result
  • Home
  • Coin Market Cap
  • Bitcoin
  • Ethereum
  • Ripple
  • Litecoin
  • Alt Coin
  • Business
  • Trading
  • Mining

© 2018-2021 CoinNewsDaily.com by CoinNewsDaily Inc. Crafted with Love by iFtiDev

  • bitcoinBitcoin(BTC)$23,200.000.86%
  • ethereumEthereum(ETH)$1,664.101.09%
  • tetherTether(USDT)$1.000.01%
  • binancecoinBNB(BNB)$331.600.84%
  • rippleXRP(XRP)$0.401628-0.27%
  • cardanoCardano(ADA)$0.3953051.01%
  • dogecoinDogecoin(DOGE)$0.0919420.08%
  • matic-networkPolygon(MATIC)$1.252.54%
  • okbOKB(OKB)$44.591.24%
  • solanaSolana(SOL)$23.521.17%
  • shiba-inuShiba Inu(SHIB)$0.000014-1.25%
  • polkadotPolkadot(DOT)$6.822.76%
  • litecoinLitecoin(LTC)$100.252.51%
  • tronTRON(TRX)$0.0655502.73%
  • daiDai(DAI)$1.000.03%
  • cosmosCosmos Hub(ATOM)$14.671.22%
  • chainlinkChainlink(LINK)$7.162.32%
  • ethereum-classicEthereum Classic(ETC)$22.841.11%
  • leo-tokenLEO Token(LEO)$3.36-0.27%
  • moneroMonero(XMR)$167.12-0.13%
  • bitcoin-cashBitcoin Cash(BCH)$135.350.80%
  • stellarStellar(XLM)$0.091027-0.11%
  • filecoinFilecoin(FIL)$5.504.94%
  • crypto-com-chainCronos(CRO)$0.0819631.08%
  • algorandAlgorand(ALGO)$0.2811677.36%
  • vechainVeChain(VET)$0.0253523.69%
  • internet-computerInternet Computer(ICP)$5.763.17%
  • aaveAave(AAVE)$87.501.58%
  • eosEOS(EOS)$1.112.95%
  • theta-tokenTheta Network(THETA)$1.187.58%
  • elrond-erd-2MultiversX(EGLD)$46.313.04%
  • tezosTezos(XTZ)$1.202.30%
  • paxos-standardPax Dollar(USDP)$0.99-0.20%
  • havvenSynthetix Network(SNX)$2.936.81%
  • huobi-tokenHuobi(HT)$5.55-0.60%
  • bitcoin-cash-svBitcoin SV(BSV)$43.03-0.25%
  • pancakeswap-tokenPancakeSwap(CAKE)$4.561.35%
  • dashDash(DASH)$65.233.86%
  • makerMaker(MKR)$793.2914.78%
  • iotaIOTA(MIOTA)$0.2477540.63%
  • neoNEO(NEO)$9.002.13%
  • zcashZcash(ZEC)$46.705.13%
  • zilliqaZilliqa(ZIL)$0.0303893.43%
  • basic-attention-tokenBasic Attention(BAT)$0.2896762.74%
  • compound-governance-tokenCompound(COMP)$57.568.72%
  • nemNEM(XEM)$0.0426875.33%
  • Elrond ERDElrond ERD(ERD)$0.0259290.00%
  • kusamaKusama(KSM)$36.561.33%
  • qtumQtum(QTUM)$2.922.57%
  • bitcoin-goldBitcoin Gold(BTG)$17.360.69%
  • sushiSushi(SUSHI)$1.49-0.45%
  • wavesWaves(WAVES)$2.823.66%
  • golemGolem(GLM)$0.255528-0.81%
  • yearn-financeyearn.finance(YFI)$7,778.071.10%
  • ftx-tokenFTX(FTT)$1.89-21.50%
  • omisegoOMG Network(OMG)$1.67-1.09%
  • ontologyOntology(ONT)$0.2346940.33%
  • digibyteDigiByte(DGB)$0.0115128.21%
  • umaUMA(UMA)$2.163.10%
  • ethlendAave [OLD](LEND)$0.53-3.08%
  • UniswapUniswap(UNI)$2.4438.80%