Court charges bitcoin dealer for money laundering

Bitcoin News

The Department of Justice in the Southern District of California disclosed that Jacob Burrell Campos is to be held without bail. The bitcoin dealer took to sell $750,000 worth bitcoins to 900 individuals through his bitcoin exchange service between the year 2015 and 2016. The operations were carried out unlicensed and Burrell was also connected to 28 counts of international money laundering.

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