The judgment for the case is U.S. v. Faiella has been delivered by the US District Court, Southern District of New York. The Judge Jed Rakoff in Manhattan held Robert Faiella guilty as he pleaded guilty to operating an unlicensed money transmitting business. The judgment says that this Florida plumber operated an underground Bitcoin exchange selling the digital currency to users.
He used the black market website Silk Road which was shut down by the […]
