The crypto city project, the CEO of Bitcointopia, Morgan Rockwell (or Morgan Rockcoons, known as Morgan Rockcoons), was found guilty of selling non-owned sites and carrying out money transfers unlicensed.
According to reports in the American press, Rockwell'in authorities first attracted the attention of the crypto money exchange in 2015 was expressed in the commercial, that period, despite the fact that Rockwell's money transfer license, although it does not have a crypto money exchange was announced.
Later, he created a project called Bitcointopia and said, para I am building the crypto-currency kingdom of the future. In In this way, it was stated that he started selling island and real estate through crypto money.
Looking at Bitcointopia's Twitter account at that time; Rockwell'in company nominated a candidate in Nevada for the period of 0.5 BTC, 2 candidates about 1 BTC and 3 candidates to sell to 1.4 BTC'ya appeared.
The Prosecutor explained that Rockwell has sold up to 1000 candidates in that period and has caused losses of up to 50 thousand dollars. It was also reported that Rockwell had only 4-5 of the islands that he sold.
Rockwell is expected to be convicted of these crimes for a maximum of 20 years on charges of fraud and unlicensed money transfers on the average imprisonment for up to 5 years in prison on the agenda.
The US, which did not allow such fraudulent fraudulent activities in the recent period and began to manage a strict process, seems to be punishing Rockwell.
Tır Crypto City in CEO of Bitcointopia The article named m Arrested esi with the motive of trying to sell the islands that it does not own was prepared by Nihat Emre KOCAASLAN and published on koinbulteni.com.