US man faces 40 years in prison for running bitcoin lottery scams.

US man faces 40 years in prison for running bitcoin lottery scams. 6 seconds 26, 2020 A U.S. man faces 40 years in prison for operating romance and lottery scams, with the man facilitating transactions for them through bitcoin.
According to a Department of Justice press release , Austin Nedved admitted in a federal court in Worcester, Massachusetts, that he ran a business in which he bought and sold bitcoin for cash. He advertised his services on LocalBitcoins.com and Paxful. The Northborough re…

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