California man gets 2 years in prison for laundering Bitcoin – KCRA Sacramento
SANTA ANA, Calif. —A Southern California man who pleaded guilty to illegally operating kiosks where customers could buy Bitcoin with cash, or sell Bitcoin in exchange for cash has been sentenced to two years in federal prison.
Kais Mohammad, 37, of Yorba Linda, received the sentence at U.S. District Court in Santa Ana Friday, according to an Orange County Register report.
Mohammad pleaded guilty last year to operating an unlicensed virtual currency business and laundering between $15 million and…
