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Florida Bitcoin Trader Faces Felony Charges for Selling Crypto to Undercover Police


It’s a case of police entrapment that goes beyond the pale. After a ruling Wednesday by the U.S. Third District Court of appeals, a Florida man will have to face a trial by jury over felony charges in Miami for selling bitcoin to undercover police. Felony Charges for a Victimless Crime? “Espinoza’s bitcoins-for-cash business requires him to register as a payment instrument seller and money transmitter” under Florida financial statutes, the court ruled Wednesday, adding that he was “not merely selling his own personal bitcoins, he was marketing a business.” Now he’ll face serious felony charges for money laundering as

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2019-01-31 23:05:36

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Ripple fans compared to “Flat Earthers” by a prominent Bitcoin [BTC] enthusiast and trader