24 Yr old arrested for trading bitcoins with no ID proof

US Law agencies have arrested a 24 yr old man for earning $40,000 as commission in bitcoin trading and without ID proof.

What’s the matter?

Eldon Stone, a 24 yr old has been sentenced to serve a year in prison for buying and selling bitcoins without reporting to US govt and without ID proof.

The 24 yr old sold $1.5 million in bitcoins in two years and earned $40,000 as in commissions. The guy failed to report to Govt about large amt of bitcoin transactions. The 24 yr old was already sentenced before for drug offenses in the USA.

Source: news.bitcoin.com

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