Sentencing delayed for a New Hampshire man convicted of running an unlicensed bitcoin business

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A federal judge has heard from multiple women who say they were victimized by a New Hampshire man's unlicensed bitcoin exchange business

A federal judge on Monday heard from multiple women who said they were victimized by a New Hampshire man’s unlicensed bitcoin exchange business but postponed a sentencing hearing in the case to evaluate whether restitution is appropriate.

After a two-week trial, he was convicted of eight charges in December, though his conviction on a money laundering charge was later overturned. He was scheduled to be sentenced on the remaining charges, which include operating an unlicensed money transmitting business and conspiracy to commit money laundering, on Monday but the hearing was delayed until next month.U.S.

Karen Miller, of Florida, described herself as a lonely widow who got scammed by a man she met on a dating site. At his instruction, she sent $300,000 to Freeman, wiping out her life’s savings. Another woman, Rebecca Viar, told a similar story of taking out three loans and selling her late husband’s truck to send money to the man who duped her.

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Sentencing delayed for a New Hampshire man convicted of running an unlicensed bitcoin businessA federal judge has heard from multiple women who say they were victimized by a New Hampshire man's unlicensed bitcoin exchange business.
Source: AP - 🏆 728. / 51 Read more »