Jacob Burrell Campos pleads guilty

Jacob Burrell Campos pleads guilty

Jacob Burrell Campos has pleaded guilty for operating an ‘unlicensed money transmitting business’ through LocalBitcoins.com. The accused has accepted operating an unregistered bitcoin exchange and imported $1 million into the U.S. from Mexico. He is ordered to pay money to the government and is sentenced to five years of imprisonment along with a fine of $250,000.

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