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Blockchain & Cryptocurrency Con 2018 • February 23-24, 2018

The blockchain technology is much more than Bitcoin and mining and trading cryptocurrencies. It can be leveraged in a wide…

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Tag: cryptocurreny

LocalBitcoins Seller Pleads Guilty to Running an Unlicensed Currency Exchange

Category: Bitcoin, Finance, News, Regulation

LocalBitcoins Seller Pleads Guilty to Running an Unlicensed Currency Exchange

On May 2, Missouri-based tech entrepreneur Jason R. Klein pleaded guilty in federal court to charges of running an illegal money transmitting business by converting bitcoin into cash without a license using the popular peer-to-peer marketplace LocalBitcoins. For his actions, Klein could face up to five years in federal prison. Instead of bringing the case in front of a grand…

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