THELOGICALINDIAN - An Ontario man based in San Bernardino County of the US has agreed to appeal accusable to federal accuse of illegally operating a bitcoin to banknote barter business According to the US Department of Justice DOJ the man Hugo Sergio Mejia 49 operated the unregistered barter business amid May 2024 and September 2024
Accordingly, Mejia now faces “a approved best book of 25 years in federal prison” already he pleads guilty. In a statement announcement the charges, the DOJ says Mejia had, as allotment of his appeal agreement, accepted that he had not “registered his business with the FinCEN.”
The DOJ explains in the account that during the “nearly 2½-year period” Mejia had managed to barter at atomic $13 million. However, as allotment of efforts to burrow his accurate activity, Mejia additionally admits that he created companies accurately for this purpose. Further, the DOJ account adds:
However, afterwards Mejia “conducted bristles bitcoin to banknote affairs that cumulatively exceeded $250,000”, his activities were exposed. According to the DOJ, Mejia’s applicant had allegedly cooperated with law enforcement, which led to his capture.
In the meantime, the DOJ says as allotment of the appeal agreement, Mejia will “forfeit all assets acquired from the actionable conduct, including $233,987 in banknote bedeviled from residences in Santa Ana and Ontario.” Silver bill and bars, and about $95,587 in assorted cryptocurrencies will additionally be absent to the state.
What do you anticipate of the bastille book that Mejia is accepted to serve back he pleads to the charges? Tell us what you anticipate in the comments area below.
Image Credits: Shutterstock, Pixabay, Wiki Commons
