3 bitcoin traders arrested for money laundering in Florida

On January 2, Florida police arrested three suspected money launderers after a lengthy face-to-face search of the Bitcoin trading world. Traders held a face-to-face meeting through the localbitcoins.com website, where they exchanged Bitcoin wallet codes for cash, making the exchange unattractive. The state attorney believes he is a money changer and will sue these people under the same Florida version of the money laundering lawsuits used in the case against BitInstant CEO Charlie Schrem. In particular, this is necessary because a lot of money has been invested. According to the defendant's LocalBitcoins profile, he traded over 150 bitcoins in the past six months, totaling over $ 100,000. The arrest also hit one of the few Bitcoin sites that remain anonymous as an exchange rather than not using cash services.