The owner and also supervisor of cryptocurrency exchange RG Coins has actually been handed a prolonged prison term for his participation in a multi-million buck plan to rip off UNITED STATE people.
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According to a Tuesday news release from the Division of Justice, UNITED STATE Area Court Judge Robert Dam sentenced Rossen Iossifov to a 10-year sentence 85% of which needs to be offered behind bars under UNITED STATE government regulation.
The 53 year old former Bulgarian national was punished for conspiracy theory to commit a crime under the Racketeer Influenced and also Corrupt Organizations Act (RICO) and conspiracy to dedicate cash laundering.
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