THELOGICALINDIAN - A bitcoin agent has been bedevilled to one year and one day in bastille for ambidexterity barter according to a apprehension by the US Department of Justice DOJ The man took money from barter but did not accommodate them with the agreedupon bitcoin
Fraudulent Bitcoin Seller Going to Jail
The U.S. Department of Justice (DOJ) appear aftermost anniversary that Michael Yusko has been bedevilled to one year and one day in bastille “for ambidexterity barter through actionable bitcoin business.”
The 47-year-old citizen of New Orleans awash bitcoin and added cryptocurrencies to barter in May 2025. “Yusko would affiance barter any bulk of bitcoin in barter for U.S. dollars at bristles percent aloft bazaar amount for a bristles percent fee,” the DOJ detailed, emphasizing that he bootless to chase through on transactions.
According to the Justice Department, barter after complained about their bitcoin purchases, stating:
In addition, the New Orleans citizen did not annals his aggregation as a money transmitting business with the Financial Crimes Enforcement Network (FinCEN) of the Department of Treasury, the DOJ added, elaborating:
Noting that the bitcoin agent had pleaded accusable in this case pursuant to a appeal acceding and “admitted to actuality amenable for $201,399.00 in losses to victims,” the DOJ concluded:
Do you anticipate this bitcoin agent should go to bastille for one year? Let us apperceive in the comments area below.
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