California accuses a young man of illegal handling of btc in the USA
The Office of the Prosecutor in California issued the order of deprivation of liberty to a man of 21 years linked to a case of buying and selling bitcoins without a license
The US Attorney’s Office in the Southern District of California issued a custody order to a 21-year-old man for being involved in the case of buying and selling bitcoins without a license.
In addition, the young man, who will not have the right to bail, is also involved in money laundering product of the cryptocurrency funds.
The defendant was identified as Jacob Burrell Campos, who was charged with 31 illegal actions that include transferring money without a license, not maintaining a program against money laundering, international money laundering and conspiracy to structure transactions of international instruments.
These operations, which were carried out between January 2015 and April 2016, produced funds for 750 thousand dollars generated by transactions with more than 900 clients.
These transactions processed by Burrell were made by accepting transfers through bank accounts, the MoneyGram payment service and cash.
The investigation also revealed that Burrel used Bitfinex, a company based in the Hong Kong Special Administrative Region of China, for the exchange. At first he used his personal account in Coinbase, but it was closed for not completing the security requirements.
K. Tovar
Source: Justice
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