Michigan Localbitcoins User Charged with Unlicensed Money Transmitting

in cryptocurrency •  7 years ago 

A regular user (fax currency exchange facility for bitcoins) of LocBlickCowins has been formally charged in the U.S. District Court. The person of Michigan is accused of violating licensing requirements for money transfers.

A local complaint was filed against Breedley Anthony Statici on October 25, 2017, which is a localBlitzins user, accusing the person who has bought, sold and traded for hundreds of dollars of dollars in Bitcoin without following the transfer requirements. Title 31, US Code, Section 5330 has been provided.

source https://news.bitcoin.com/localbitcoins-user-charged-with-unlicensed-money-transmitting/?utm_source=OneSignal%20Push&utm_medium=notification&utm_campaign=Push%20Notifications

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