Puerto Rico Court Fines Man $10K Daily for Refusing to Surrender 119 Bitcoin

Share This Post

A federal court in Puerto Rico has held Juan Carlos Reynoso in contempt for refusing to surrender 119.65 BTC worth approximately $9.7 million, imposing a $10,000 daily fine until he complies with a seizure order. Defendant Faces Mounting Fines After Transferring Seized Bitcoin to Other Wallets Senior U.S. District Judge Francisco A. Besosa ruled on […]

Read Entire Article
spot_img
- Advertisement -spot_img

Related Posts

Bitcoin’s SOPR Nears Critical Level—Is a Deeper Correction Ahead?

Bitcoin’s price has continued its gradual decline, now trading just above $81,000, marking a significant drop from its all-time high (ATH) in January At the time of writing, BTC stands at $81,086,

Cardano Struggles to Climb—ADA Faces Strong Hurdles Ahead

Cardano price started a fresh decline below the $075 zone ADA is correcting some losses and might face resistance near the $0750 level ADA price started a recovery wave from the $0650 zone The price

Why Crypto Market Is Up Today: Bitcoin Hits $82K as Geopolitical Risks Ease

The post Why Crypto Market Is Up Today: Bitcoin Hits $82K as Geopolitical Risks Ease appeared first on Coinpedia Fintech News The crypto market is finally seeing relief after a tough start to the

Market Makers Accused of Helping Investors Bypass Locked Token Arrangements

Venture capital firms and angel investors are reportedly circumventing lock-up periods for crypto tokens by using market-making firms to trade them off-market Constructing ‘Two-Sided

XRP Price Eyes Upside Break—Can Bulls Push Through Resistance?

XRP price started a fresh recovery wave from the $190 zone The price is now showing positive signs and might clear the $2250 resistance zone XRP price started a fresh decline from the $2200

US CPI Report Today: How Will Crypto Market React to Fed’s Next Move?

The post US CPI Report Today: How Will Crypto Market React to Fed’s Next Move appeared first on Coinpedia Fintech News The US market is eagerly waiting for the second inflation report of 2025 The