Source: rss.wn.com
Three men were arrested by Russian authorities for allegedly selling illegal Bitcoins over several years, The Cointelegraph reported Wednesday. The men were being investigated for high sums of unlicensed trades and evading taxation on their incomes, the report said. They were arrested for allegedly trading more than 500 million Rubles in Bitcoins without proper licensing. Investigators noted suspicious activity among bank accounts, which were linked to approximately 300 debit and SIM cards, the report said. Some of the assets were distributed to bank accounts of the suspects’ family members. Russian authorities have recently noticed a trend in Bitcoin dealings and cracked down on illegal...

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