8-year prison sentence for New Hampshire man convicted of running unlicensed bitcoin business - Boston News, Weather, Sports

8-year prison sentence for New Hampshire man convicted of running unlicensed bitcoin business

Ian Freeman was taken away in handcuffs following his sentencing in U.S. District Court in Concord, New Hampshire.

8-year prison sentence for New Hampshire man convicted of running unlicensed bitcoin business - Boston News, Weather, Sports

CONCORD, N.H. (AP) — A federal judge on Monday sentenced a New Hampshire man to eight years in prison for running an unlicensed bitcoin exchange business and fined him at least $40,000, although a hearing will be held to determine how much money multiple people who said they were victimized by his enterprise will get. Ian Freeman was taken away in handcuffs following his sentencing in U.S. District Court in Concord. Prosecutors said Freeman, a l…

New Hampshire Man Sentenced to 8 Years for Running Unlicensed Bitcoin Exchange

A federal judge in Concord, New Hampshire, has sentenced Ian Freeman to eight years in prison for operating an unlicensed bitcoin exchange business. Freeman, a libertarian activist and radio show host, was also fined at least $40,000. The sentencing followed a trial in which Freeman was convicted of charges including operating an unlicensed money transmitting business and conspiracy to commit money laundering and wire fraud. Prosecutors argued t…