Individual Charged for Operating Unlicensed Bitcoin Kiosk used for Money Laundering
A 25-year-old man from California could face life in prison for several charges including failing to maintain an effective anti-money laundering program while operating an unlicensed money transmitting business. Kunal Kalra, also known as “coinman”, operated a Bitcoin exchange and ATM that allowed criminals to exchange Bitcoins, oftentimes earned through…