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unlicensed money transmitting

William Hill Sentencing: 4 Years for Unlicensed Bitcoin Service

The recent sentencing of William Hill, co-founder of the Samourai Wallet, marks a significant chapter in the ongoing discussions surrounding cryptocurrency legal issues.Hill received a four-year federal prison sentence for operating an unlicensed money transmitting business linked to the privacy-oriented bitcoin service, which raised eyebrows among privacy advocates and regulators alike.

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