[PSA/Article] BTCking Sentenced To 4 Years in Prison for Selling Nearly $1 Million in Bitcoins for Drug Buys on Silk Road

Busy days for Preet Bharara:

http://www.fbi.gov/newyork/press-releases/2015/bitcoin-exchanger-sentenced-in-manhattan-federal-court-to-four-years-in-prison-for-selling-nearly-1-million-in-bitcoins-for-drug-buys-on-silk-road


Comments


[23 Points] Nazirockstar:

Hell yea!!!!!!! That mother fucker stole a $800 moneypak from me, revenge sweet revenge :)


[18 Points] AgoraMarket:

This guy gets 4 years for doing literally nothing except exchanging bitcoins for cash. No murder-for-hires. No drugs. Nothing but exchanging currency. Really? Four years?

And he owes $950K in restitution, and has an additional 3 years of supervised release after the prison term. Sentences in this country are out of control; assuming he pays back the money, IMO an appropriate sentence is 2 to 4 months for this "crime" (laff).

If this guy got 4 years for this, I'm sorry, but Ross is positively finished.


[5 Points] ciphersexual:

I know it's ridiculous but I'm afraid to click on a link to www.FBI.gov.


[3 Points] CocaineNose:

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[1 Points] local_residents:

I guess I'm not understanding why he was arrested. Was it because he was acting as a currency exchange and that's illegal?


[0 Points] YRuafraid:

I have 20K bitcoins... I am rich and will I go to jail too?


[-3 Points] phattsao:

Hope Preet Bharara has an "accident" and New York gets an attorney who goes after actual crime