Tagged: localbitcoins

December 12, 2018 @ 1:26 am By Cali Haan  |  

About eight months ago, a man facing jail for allegedly taking more cash than is legally allowed in a Bitcoin transaction began heavily promoting a “Bitcointopia” project he’d conceived to develop in Nevada. Morgan Rockcoons, (also known as Nodefather, Morgan Rockwell, and Metaballo) posted relentless… Read More

October 30, 2018 @ 11:12 am By Cali Haan  |  

Jacob Burrell Campos, 21, plead guilty in San Diego yesterday to operating an unlicensed money business and agreed to forfeit $823,357.00, according to a news release from the US Attorney’s Office-Southern District of California. Mr Campos admitted he traded hundreds of thousands of dollars of… Read More

October 22, 2018 @ 9:15 am By Cali Haan  |  

Gal Vallerius, a dual French-Israeli citizen from the Brittany region of France, was sentenced to 20 years in prison earlier this month after pleading guilty to, “conspiracy to possess with the intent to distribute controlled substances and conspiracy to launder money,” court documents indicate. Mr Vallerius,… Read More

September 17, 2018 @ 9:01 pm By Cali Haan  |  

Zimbabwe’s new Finance Minister, Mthuli Ncube, has urged central bankers in his inflation-plagued country to reconsider their cautious stance against cryptocurrencies, and says he may push the establishment of a national cryptocurrency for Zimbabwe, ITWebAfrica reports. The country should also should be more forward looking,… Read More

August 3, 2018 @ 5:01 pm By Cali Haan  |  

A LocalBitcoins seller in Arizona has been sentenced to 41 months’ imprisonment (with credit for time served) after being convicted by a jury of trading bitcoins for drug money. According to a release from the Arizona District Attorney’s Office, federal agents began investigating Thomas Mario… Read More

July 12, 2018 @ 1:40 am By Cali Haan  |  

A Los Angeles LocalBitcoins seller who plead guilty to running an unregistered money transmission business and laundering drug money for bitcoins has been sentenced to a- year-plus-one-day’s imprisonment. In addition to completing three years’ probation and paying a fine of $20 000, former stockbroker and real… Read More

July 8, 2018 @ 1:14 pm By Cali Haan  |  

It just got a lot harder to buy cryptocurrencies in India. Close to the end of a three-month grace period granted to banks and customers affected by a ban on transfering money onto and off of cryptocurrency trading platforms, the Supreme Court of India has… Read More

June 12, 2018 @ 10:50 pm By Cali Haan  |  

A LocalBitcoins seller, known as “Bitcoin Maven,” who plead guilty to running an unregistered money transmission business and laundering drug money for Bitcoin, had her sentencing postponed yesterday at a federal court in LA. As part of a pre-indictment plea agreement, Theresa Tetley, 50, pleaded… Read More

June 18, 2015 @ 7:21 am By Erin Hobey  |  

Coinffeine,  an open source, peer-to-peer bitcoin exchange platform, enables users  to buy and sell bitcoins securely and anonymously without having to rely on a centralized exchange like MtGox or Bitstamp. It’s like BitTorrent for  bitcoins.  Coinffeine’s beta P2P exchange, hopes to offer the same local buying service… Read More