Bitcoin Company CEO Arrested by US Homeland Security

  • Alex Dovbnya
    📰 News

    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


Bitcoin Company CEO Arrested by US Homeland Security

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.

Cover image via u.today
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About the author

Alex Dovbnya (aka AlexMorris) covers all things crypto — from major projects, which are fighting tooth and nail to gain the upper hand in the burgeoning industry, to the latest regulatory trends around the world. When he happens to take a break from crypto, Alex delves into cognitive linguistics (metaphors can be fun too!).

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