Posted 02/10/2014 at 9:54 AM
Posted 3 years ago
The world of Bitcoin is in a dizzying downfall, as Florida prosecutors have stepped in to charge three men — Bitcoin traders — citing violating laws against unlicensed money transmissions.
This is the first time that state authorities have stepped in to punish Bitcoin vendors. Apparently the three men are in a whole lot of trouble as an allegation cites using bitcoins to aid and abet the ability to steal credit cards online.
Krebs on Security blog had this to say: “Prosecutions like these could shut down one of the last remaining avenues for purchasing bitcoins anonymously.”