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2026-06-03 18:25:29 UTC
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tdub on Nostr: They pleaded to conspiracy to run an unlicensed money transmitting business. FinCEN ...

They pleaded to conspiracy to run an unlicensed money transmitting business.

FinCEN told them they did not need a license and did not have a process in place to allow non-custodial entities to get a license.

Their prosecution was political and nothing they did was actually illegal under the letter of the law.