'Bitcoin MegaCity' Fraud Lands Nevada Promoter 21-Months in Jail

Bitcoin Megacity, Bitcoin fraud, Bitcoin scam

By CCN: A Nevadan who has been accused of wire fraud as well as operating an unlicensed money transmitting service using bitcoin has been sentenced to nearly two years in prison. Morgan Rocknoons, who also goes by the name Morgan Rockwell, had earlier pleaded guilty to both charges. Besides spending 21 months in jail, will also have to forfeit profits amounting to $80,600 that he generated...

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