The new law establishes a crime of fraud involving virtual assets, with a penalty of between 4 and 6 years in jail plus a fine. It also creates a “virtual service provider” license, which is to be requested by digital asset companies,including exchanges and trading intermediaries
#cryptonews: Just three days after being released on a $250M bail bond, a #crypto community member allegedly spotted #SBF “chilling” in a John F. Kennedy International Airport lounge