By CCN: For the first time, FinCEN – the Financial Crimes Enforcement Network – has fined a peer-to-peer Bitcoin trader for failure to register as a money services business. MSBs fall under FinCEN’s regulation, and according to FinCEN, Eric Powers, reportedly a resident of California, willfully violated registration requirements. He’s also accused of looking the other way when knowingly doing business with Silk Road vendors. $5 Million in Crypto Trades Net Bitcoin Trader a $35,000 Fine FinCEN says that Powers admitted to buying over $5 million in cryptocurrencies throughout 160 transactions, doing many of the trades in public places. It
The post Trump’s FinCEN Pirates Extort $35,000 from Old-Fashioned Bitcoin Trader appeared first on CCN
source https://www.ccn.com/trumps-fincen-pirates-extort-35000-from-old-fashioned-bitcoin-trader
READ MORE http://bit.ly/2VhAPxs
from Cryptocurrency News http://bit.ly/2VfDp7h
via IFTTT Join Robinhood and we'll both get a stock like Apple, Ford, or Sprint for free. Make sure you use my link. http://bit.ly/2G2HXWf Email me at justplanegonefilms@gmail.com after signing up with my link, and I will personally help you with choosing which stocks to invest!
No comments:
Post a Comment