FullCrypto
Reading Time: 2 minutesFiroz Patel, a 50-year-old Canadian businessman, has been sentenced to 41 months in federal prison for obstructing justice by concealing and laundering 450 bitcoins Patel pleaded guilty to one count of obstruction of an official proceeding on September 17, 2024 This sentencing follows his 2020 conviction for operating an unlicensed money-transmitting business and committing money laundering A Canadian who hid…
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Canadian Crypto Money Launderer Jailed for 3.5 Years
Reading Time: 2 minutesFiroz Patel, a 50-year-old Canadian businessman, has been sentenced to 41 months in federal prison for obstructing justice by concealing and laundering 450 bitcoins Patel pleaded guilty to one count of obstruction of an official proceeding on September 17, 2024 This sentencing follows his 2020 conviction for operating an unlicensed money-transmitting business