‘Bitcoin Maven’ Gets Federal Prison for Money Laundering

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A Southern California woman dubbed the “Bitcoin Maven” for illegally laundering the digital currency has been sentenced to a year and a day in federal prison.

Theresa Tetley was sentenced Monday in Los Angeles.

Prosecutors say the former stockbroker laundered millions of dollars’ worth of bitcoins through an unlicensed bitcoin-for-cash service. Authorities say she had customers around the country — including one client who’s suspected of selling drugs on the dark web.

Read the original article here: thenewstribune.com

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