May 23, 2025 – Page 5

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May 23, 2025

‘No questions asked’ Bitcoin launderer gets 6 years in prison

May 23, 2025Uncategorized0

A US man operating what prosecutors called a “no questions asked” cash-to-Bitcoin conversion service has been sentenced to six years behind bars and was ordered to hand over millions of dollars. Boston federal court Judge Richard Stearns sentenced Trung Nguyen, from Danvers, Massachusetts, to six years in prison followed by three years of supervised release, and...

Michigan lawmakers file 4 crypto bills on retiree funds, CBDCs, mining

May 23, 2025Uncategorized0

Michigan lawmakers have introduced four crypto-related bills covering crypto mining, central bank digital currencies (CBDCs) and crypto in state retirement funds.Republican state Representative Bill Schuette introduced House Bill 4510 on May 21, which would amend Michigan’s Public Employee Retirement System Investment Act to allow the state treasurer, currently Rachael Eubanks, to invest in cryptocurrencies that...

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‘No questions asked’ Bitcoin launderer gets 6 years in prison

Michigan lawmakers file 4 crypto bills on retiree funds, CBDCs, mining

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