A man in the United States was sentenced to 6 years in prison for his involvement in Bitcoin Money Laundering, with a slashing of 1.5 million dollars.

On May 23, Cointelegraph reported that a man in the United States was sentenced to six years in prison and ordered to hand over millions of dollars for running a so-called "no questions asked" cash-to-bitcoin service. Trung Nguyen of Danvers, Massachusetts, was sentenced to six years in prison, subject to three years of supervision release, and ordered to forfeit $1.5 million in property, Judge Richard Stearns of federal court in Boston announced May 22. Prosecutors allege that Nguyen, who ran an unlicensed money transfer business called National Vending between September 2017 and October 2020, used the tactics he learned in an online course to evade oversight. Nguyen learned how to hide his true business from banks, cryptocurrency exchanges, and state regulators, such as pretending to be a vending machine company that accepts cash deposits, making up fictitious supplier lists, and avoiding the word "Bitcoin" whenever possible.