Tuesday, May 24, 2022

Unlicensed crypto exchange operator faces 25 years for laundering $13m By Cointelegraph


Unlicensed crypto trade operator faces 25 years for laundering $13m

49-year-old peer-to-peer crypto dealer, Hugo Sergio Mejia, has agreed to plead responsible to fees of cash laundering and working an unlicensed cash transmitting enterprise.

The U.S. Lawyer’s Workplace accuses Mejia of utilizing a collection of restricted legal responsibility companies to hide the true nature of his operations whereas exchanging money for Bitcoins over a interval spanning greater than two years.