‘No Questions Asked’ Bitcoin Launderer Gets 6 Years in Prison

Massachusetts Man Sentenced to 6 Years in Prison

The post Massachusetts Man Sentenced to 6 Years in Prison appeared on BitcoinEthereumNews.com. Trung Nguyen, often known as DCS420, was sentenced to six years in prison and three years of supervised release. Nguyen leveraged encrypted messaging apps to communicate with clients, leveraging technologies that made it harder to track BTC transactions.  A resident of Danvers, a town in Massachusetts, was convicted of operating an unregistered Bitcoin…

Man Gets Six Years for Laundering $1M into Bitcoin for Scammers and Drug Dealers

Trung Nguyen of Danvers, Massachusetts was jailed for six years for running an unlicensed, "no questions asked" money transmitting business.

"National Vending" Busted: Bitcoin Launderer Gets 6 Years

A man from Massachusetts has been sentenced to six years in prison for exchanging cash for Bitcoin BTC without government approval.

US federal court sends Danvers Bitcoin exchanger to prison for laundering over $1m

A Danvers resident was convicted and sentenced for running an unregistered Bitcoin transmitting business that ignored federal anti-money laundering laws. A Danvers man was sentenced on Friday to six years in prison for running an unlicensed Bitcoin (BTC) money transmitting…

‘No questions asked’ Bitcoin launderer gets 6 years in prison - Invest In Crypto News

A US man operating what prosecutors called a “no questions asked” cash-to-Bitcoin conversion service has been sentenced to six years behind bars and was ordered to hand over millions of dollars.  Boston federal court Judge Richard Stearns sentenced Trung Nguyen, from Danvers, Massachusetts, to six years in prison followed by three years of supervised release, and ordered him to forfeit $1.5 million, the Boston US Attorney’s Office said on May 22…

‘No questions asked’ Bitcoin launderer gets 6 years in prison – #CryptoUpdatesGNIT

A US man operating what prosecutors called a “no questions asked” cash-to-Bitcoin conversion service has been sentenced to six years behind bars and was ordered to hand over millions of dollars.  Boston federal court Judge Richard Stearns sentenced Trung Nguyen, from Danvers, Massachusetts, to six years in prison followed by three years of supervised release, and ordered him to forfeit $1.5 million, the Boston US Attorney’s Office said on May 22…