California Man Faces Up to Five Years for “Unlicensed” Bitcoin (BTC) Sales

California Man Faces Up to Five Years for “Unlicensed” Bitcoin (BTC) Sales

A US citizen from California has just pled guilty in federal court for operating an “unlicensed money business” selling Bitcoin (BTC), called LocalBitcoins.com. The Department of Justice (DoJ) released a press release about the case yesterday, October 29th. Unlicensed Bitcoin (BTC) Sales Jacob Burrell Campos has admitted to selling “hundreds of thousands” of dollars in Bitcoin…