LBC being targeted my second Post....I'm telling you..
[5 Points] murderhomelesspeople:
[3 Points] None:
Some people gets 5 years jail for rape, and this guy faces 5 for selling bitcoins?
[1 Points] HungriestOfHippos:
I feel like there's more to the story here.
He was either avoiding paying taxes and actually had decent volume or laundering obvious drug btc.
Edit: he got roped by the IRS, so definitely tax related and not operating "illegal exchange". The IRS itself declares bitcoin an asset not a currency. I think the issue here is an UC IRS agent caught him selling assets for capital gains and not reporting it.
So he wasn't licensed is the issue? I'm having difficulty getting a good read on what's going on here.