RATE Group | Another US Bitcoin Trader Faces Prison for Illegal Money Transmission
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Another US Bitcoin Trader Faces Prison for Illegal Money Transmission

12 Jun Another US Bitcoin Trader Faces Prison for Illegal Money Transmission

Posted at 07:05h in Bitcoin News by

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Another US Bitcoin Trader Faces Prison for Illegal Money Transmission

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This week in Southern California a Los Angeles woman who called herself the ‘Bitcoin Maven’ will be sentenced this Monday after pleading guilty for illegal money transmission. According to law enforcement, the woman made close to $300,000 USD annually by selling BTC on the peer-to-peer exchange Localbitcoins.  

Also read: Bitcoin Cash Innovation Continues with the First On-Chain Atomic Bet

LA Woman Called the ‘Bitcoin Maven’ Convicted for Selling Bitcoins Without a License

U.S. law enforcement has arrested and convicted another Localbitcoins seller who reportedly made $300K per year selling digital assets. The 50-year-old Theresa Tetley used the alias ‘Bitcoin Maven’ and sold bitcoins without registering with the financial…

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