LA's 'Bitcoin Maven' Faces Sentence for Running an Illegal Money Exchange

[Guest]

LA's 'Bitcoin Maven' Faces Sentence for Running an Illegal Money Exchange

Quote

Sentencing was postponed Monday for a Los Angeles woman who made at least $300,000 annually by operating an illegal, unregistered multi-million dollar money transmitting business that exchanged the digital currency Bitcoin for cash.

 

[Greeny]

so how is this different than anyone who sells/buys off localbitcoins.com, other than the fact that she make 300k, when the rest probably make 3k or something.  Poor woman, not really doing anything wrong, but Uncle Sam does not like it when people make money.

 

[Greeny]

Oh, she did use LocalBitcoins.com.  Guess I should read the article in full.  Anyway, still a BS case.