Bitcoin Exchange Owner Sentenced for Role in Web Auction Fraud Scheme – tripwire.com

Bitcoin Exchange Owner Sentenced for Role in Web Auction Fraud Scheme – tripwire.com

A federal jury has convicted the owner of a bitcoin exchange for his role in a multi-million dollar scheme involving online auction fraud. On September 28, a federal jury in Frankfurt, Ky., Found Bulgarian national Rossen Iossifov, 53, guilty of one count of conspiracy to commit racketeering and one count of conspiracy to launder money. […]

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