Join the larget crypto conference of 2022 in Bitcoin

“Doctor Bitcoin” will face 15 months of jail punishment

0
(0)
"Doctor Bitcoin" will face 15 months of jail punishment 2

A popular crypto influencer “Doctor Bitcoin” confirmed that he will go behind bars for up to 15 months because of his involvement in a P2P deal, which was linked with illegal funds.ย 

Mark Hopkins is a popular crypto influencer, who is known as “Doctor Bitcoin” in the crypto space. Hopkins did a trade with an unknown person, who was involved in a lottery scam & he used the scammed funds to purchase Bitcoin. 

On 23 October 2020, 15 FBI agents raided the house of Hopkins and seized around $60k worth of electronics and also questioned the family for more than 5 hours. After 2 two years of legal proceedings, it was found that Hopkins was indirectly involved in an illegal P2P Bitcoin sell scheme. Now for this mistake or we may say for his indirect scam, “Doctor Bitcoin” started to face punishment on 6 September behind the prison.

As per the 2019 memo of FinCen P2P sale of Bitcoin is a federal crime, on business models involving โ€œconvertible virtual currenciesโ€

Crypto P2P trade & risks

As we know, the crypto industry is known for its decentralized nature and it forces many government agencies to prohibit citizens from dealing with this industry. 

However rules & laws on crypto space are better to a significant extent in the US but still, people try to remain away from KYC-enabled platforms, to keep crypto trading private. 

Under the existing laws & rules, no one citizen is allowed to use crypto trading via a P2P directly.

Recently US government agencies imposed a ban on crypto mixing platform Tornado Cash and this resulted in big hurdles among those people who are using anonymous tools to remain private with their crypto financial activities.

In the last month, almost every crypto proponent raised their hand in favor of the Tornado Cash platform and its founder.

 In particular, Cardano founder Charles Hoskinson said that the government is doing nothing to prohibit the engagement of bad actors, instead imposing pressure on developers.

Read also: IMF suggests coordinated, consistent & comprehensive global crypto regulation

“Doctor Bitcoin” will face 15 months of jail punishment

 

https://bitcoinik.com/doctor-bitcoin-will-face-15-months-of-jail-punishment/feed/

https://bitcoinik.com/doctor-bitcoin-will-face-15-months-of-jail-punishment/feed/

 

 

 

 

 

Ads by Cryptonews24

 

koinswap

๐Ÿš€๐Ÿš€Get ready for the biggest ICO of 2022.
โœ…ICO Round 1 & 2 are Sold Out
โœ…ICO= Initial Coin Offering. Where you can purchase tokens at base price.
โœ…ICO has different rounds with different price.
โœ…Round-1 price: $0.0005 (Sold Out)
โœ…Round-2 price: $0.001 (Sold Out)
โœ…Round-3 price: $0.002
โœ…Round-4 price: $0.004
โœ…Round-5 price: $0.008

๐Ÿ‘‰ICO will be finished on September 15, 2022.
๐Ÿ‘‰Trading will start after ICO completion.

๐Ÿš€๐Ÿš€EXCHANGE LISTING PRICE: $0.02 per KST. That is 40x than ICO Round-1 (Seed round)๐Ÿš€๐Ÿš€

๐Ÿ‘ฉ๐Ÿปโ€๐Ÿ’ปFor more details pls read pdf in marketing tools section in dashboard.

#koinswap #kst #nft #metaverse #blockchain

๐™๐™€๐™‚๐™„๐™Ž๐™๐™๐˜ผ๐™๐™„๐™Š๐™‰ ๐™‡๐™„๐™‰๐™†๐Ÿ‘‡๐Ÿฝ
https://koinswap.io/register?referralcode=CFxqfP
โ–ฌโ–ฌโ–ฌโ–ฌโ–ฌโ–ฌโ–ฌโ–ฌโ–ฌโ–ฌโ–ฌโ–ฌโ–ฌโ–ฌ

THIS IS A LIFE CHANGING OPPORTUNITY

*REGISTER N VERIFY UR MAIL N GET 1000 COIN FOR FREE*

TODAY KOINSWAP IS GIVING US 1000 COIN FREE BUT NO ONE CARE TO TAKE IT
๐Ÿ‘‡๐Ÿ‘‡๐Ÿ‘‡๐Ÿ‘‡๐Ÿ‘‡๐Ÿ‘‡
https://koinswap.io/register?referralcode=CFxqfP

JOIN THE GROUP FOR MORE UPDATES
https://chat.whatsapp.com/BGUVkqhI6mg1p9XdJXzBwl

In 2009 you missed# BITCOIN
2014 you missed# DOGE
2015 you missed# XRP
2016 you missed# ETH
2017 you missed# ADA
2018 you missed# BNB
2019 you missed# LINK
2020 you missed# DOT
2021 you missed# SHIBA

https://koinswap.io/register?referralcode=CFxqfP

—————————————————————————————————————————————-

Ads by Cryptonews24

 

 

 

Risk Reminder:
Trading foreign exchange and/or contracts for differences on margin carries a high level of risk and may not be suitable for all investors.
The possibility exists that you could sustain a loss in excess of your deposited funds.
Before deciding to trade the products reviewed by Cryptonews24.eu, you should carefully consider your objectives, financial situation, needs and level of experience.
You should be aware of all the risks associated with trading on margin.
Cryptonews24.eu provides general news and advice that does not consider your objectives, financial situation or needs.
The content of this website must not be construed as personal advice.
Cryptonews24.eu recommends you seek advice from a separate financial advisor.
Nothing on this website should be considered financial advice.
This website is for informational purposes only and you should not rely on anything that is printed or said on this website to make any financial decisions.

 

How useful was this post?

Click on a star to rate it!

Average rating 0 / 5. Vote count: 0

No votes so far! Be the first to rate this post.


TELEGRAM
Cryptonews24 Channel Chat