A New Jersey man has been indicted this week for changing over $2 million to bitcoin and working a non-public trade enterprise not registered with the U.S. Secretary of the Treasury. Based on a July 24 press launch by the U.S. Legal professional’s workplace, 46-year-old William Inexperienced might withstand 5 years in jail and a $250,000 wonderful if convicted. Inexperienced isn’t alone. With tighter and tighter crypto rules being imposed worldwide, entrepreneurs, small startups, and even unsuspecting hobbyists are being indicted and threatened by the “crypto cop” dragnet.
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No Commerce Left Unturned
From non-public buying and selling to enterprise growth and mining, Bitcoin gives myriad alternatives for entrepreneurs. Sadly, state regulators will not be all the time so eager on this progress. Like William Inexperienced, Detroit entrepreneurs Sal Mansy and Missouri…