LocalBitcoins traders jailed over money transmission business and narcotics May 30, 2017 by admin Tweet A father and son in the US have been sentenced to 46 and 106 months in jail respectively for operating an unlicensed money transmission business through the popular bitcoin exchange, LocalBitcoins. Read more… Neowin Related Posts:Sam Bankman-Fried set to receive jail sentence in…UK passes law that could see unruly tech bosses jailedTwo men sentenced for $2.5M iPhone fraud scheme…A new paper claims that Bitcoin is more…Bitcoin reaches $17,229 - that's the lowest it has…