California man laundered $25M through his own DIY Bitcoin ATM and exchange

2:33am PDT - August 26th, 2019    btc - The Next Web

A man from the small town of Westwood in California has pleaded guilty to running an unlicensed Bitcoin exchange and ATM, and laundering money. Kunal Kalra, 25 has been found guilty of owning and operating unlicensed money transmitting business which he used …