Kenneth Warren Rhule has been alleged of operating and advertising an unlicensed cryptocurrency trading business on LocalBitcoins. He was charged with eight-count complaint after the enforcement agency caught him operating a Bitcoin money-laundering network. It was reported that the law enforcement agency members posed like criminals who wanted to launder money and approached the Starbucks coffee shops in Western Washington where Kenneth agreed to launder the money for them with the understanding that it was from illegal activities. Following the allegations, he now faces a charge for operating an unlicensed money transfer business and laundering; he was also charged with involvement in illegal marijuana products business.
Washington Man Faces 8 Counts and 20 Years for Allegedly Running Bitcoin (BTC) Money Laundering Operation
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