Bitcoin Company CEO Arrested by US Homeland Security

  • CEO of Bitcoin Inc Morgan Rockcoons arrested for alleged money laundering by the Department of Homeland Security. In November of 2016, he exchanged 10 BTC for cash

Cover image via U.Today

CEO of Bitcoin Inc Morgan Rockcoons has been arrested for alleged money laundering by the Department of Homeland Security. In November of 2016, he exchanged 10 BTC for cash with an undercover law officer. Now Rockcoons is released under a personal recognizance bond. Even though selling Bitcoin is not illegal in the US, it does lead to some scrutiny by the government.

About the author

Alex Dovbnya (aka AlexMorris) is a cryptocurrency expert, trader and journalist with extensive experience of covering everything related to the burgeoning industry — from price analysis to Blockchain disruption. Alex authored more than 1,000 stories for U.Today, CryptoComes and other fintech media outlets. He’s particularly interested in regulatory trends around the globe that are shaping the future of digital assets.

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