UsetheBitcoin.com - As cryptocurrencies and their underlying technologies are becoming more and more popular, the need for defining and understanding the legal structures affecting them will also most probably see a rise. A good legal firm is important regardless of the area of expertise of a business, so, why should blockchain/cryptocurrency projects be any … [Read more...]
“Bitcoin Maven” Sentenced to One Year in Federal Prison in Bitcoin Money Laundering Case
LOS ANGELES, California—The so-called “Bitcoin Maven,” who admitted to operating an unlicensed bitcoin-for-cash exchange business and laundering bitcoin that was represented to be proceeds of narcotics activity, was sentenced today to 12 months and one day in federal prison, three years of supervised release, and a fine of $20,000. Theresa Lynn Tetley, 50, of Southern … [Read more...]
Operator of Unlawful Bitcoin Exchange Found Guilty of Fraud and Bribery
[vc_row][vc_column][vc_column_text] Joon H. Kim, the Acting United States Attorney for the Southern District of New York, announced that TREVON GROSS, the former Chairman and CEO of Helping Other People Excel Federal Credit Union (“HOPE FCU”), located in Lakewood, New Jersey, and YURI LEBEDEV, a former member of HOPE FCU’s Board of Directors and a former … [Read more...]
Big Law’s Bitcoin Foray
You may have thought that Bitcoins had gone away, but in a "Revenge of the Nerds" style resurgence they are not only back, but Big Law is also seeking to be part of the Bitcoin action. Steptoe & Johnson have entered the Bitcoin market with a focus upon the "Blockchain" technology that may well change the way we all do business. The concept, which brings us closer to a … [Read more...]
Credit Union Boss Accepted Bribes From Unlawful Bitcoin Exchange
LawFuel.com - The Law News Daily Site - Preet Bharara, the United States Attorney for the Southern District of New York, Diego Rodriguez, Assistant Director-in-Charge of the New York Field Office of the Federal Bureau of Investigation (“FBI”), and David E. Beach, Special Agent-in-Charge of the New York Field Office of the United States Secret Service, announced today the … [Read more...]