‘No questions asked’ Bitcoin launderer gets 6 years in prison

A US man operating what prosecutors called a “no questions asked” cash-to-Bitcoin conversion service has been sentenced to six years behind bars and was ordered to hand over millions of dollars.  Boston federal court Judge Richard Stearns sentenced Trung Nguyen, from Danvers, Massachusetts, to six years in prison followed by three years of supervised release, and ordered him to forfeit $1. 5 million, the Boston US Attorney’s Office said on May 22.  Prosecutors said Nguyen ran an unlicensed money-transmitting business called National Vending between September 2017 and October 2020, which used various techniques he learned in an online course to evade authorities source: https://cointelegraph.com/news/no-questions-asked-bitcoin-launderer-gets-6-years?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound