A Los Angeles bitcoin trader was sentenced Monday to one year in federal prison after she admitted to operating an unlawful money transmission business.
Theresa Tetley, a former stockbroker and real estate investor based in California, was also fined $20,000 and will give up 40 bitcoins (an amount worth roughly $254,000), nearly $300,000 in cash and 25 assorted gold bars, according to a notice from the U.S. Department of Justice.
More here,
https://www.coindesk.com/localbitcoins-trader-bitcoin-maven-sentenced-to-year-in-prison/
