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PUERTO RICO RESIDENT DEFIES BITCOIN SEIZURE ORDER, FACES $10,000 A DAY FINE

decrypt.co3 min read

Summary from the TLDR Crypto newsletter

A Puerto Rico resident, Juan Carlos Reynoso, is facing $10,000 daily fines for refusing to surrender 120 Bitcoin ($9.7M) to the U.S. government, allegedly moving the funds in a series of rapid transactions.