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Florida Arrests High-Dollar Bitcoin Exchangers For Money Laundering 149

Posted by timothy
from the if-we're-not-peeking-you're-not-allowed dept.
tsu doh nimh writes "State authorities in Florida on Thursday announced criminal charges targeting three men who allegedly ran illegal businesses moving large amounts of cash in and out of the Bitcoin virtual currency. Experts say this is likely the first case in which Bitcoin vendors have been prosecuted under state anti-money laundering laws, and that prosecutions like these could shut down one of the last remaining avenues for purchasing Bitcoins anonymously."
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Florida Arrests High-Dollar Bitcoin Exchangers For Money Laundering

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