After nearly two years since the U.S. federal government accused Cryptosix of unauthorized money transfers, the lawsuit appears to be coming to an end. According to multiple reports, Keene resident and libertarian activist Ian Freeman was one of the last members tried in the Crypto Six case and was convicted on all counts including unauthorized money transfer, money laundering and tax evasion. received. Freeman faces his eight-year prison sentence, but he was not detained Thursday afternoon (ET). He will have to appear in court on April 14, 2023 or appeal the judgment, according to reports.
Ian Freeman Convicted of Unauthorized Money Transfers, Sentence Hearing Scheduled for April 2023
In the first week of December 2022, Bitcoin.com News reported on the Crypto Six case and how Ian Freeman, co-host of radio broadcast Free Talk Live, was preparing to face trial. . Freeman was the only remaining defendant in the Crypto Six case as he decided to bring the matter to court in order to bring his case before a jury.
The indictment against Freeman began on March 16, 2021, when U.S. federal agents raided the Shire Free Church, the Bitcoin Embassy, and the Free Talk Live studio in Keene, New Hampshire. The U.S. Department of Justice (DOJ) said, “Defendant knowingly operated a crypto exchange business in violation of federal anti-money laundering laws and regulations.”
After a jury was selected, Freeman’s trial officially began on December 6, 2022. “Ian is guilty on all counts: unauthorized money transfer, money laundering and tax evasion,” Edge said. The verdict of the trial was also revealed by local news publication Keen Sentinel.
Sentinel’s Rick Green wrote, “A federal jury found Keene resident Ian Freeman guilty of felony charges related to his cryptocurrency business.” Green confirmed Edge’s statement that Freeman was found guilty of “unlicensed money laundering, money laundering and income tax evasion.”
The reporter further said Freeman was not in custody and was remanded to appear in court on April 14, 2023. Green also noted that Freeman’s attorney, Mark Sisti, told the court that the government’s lawsuit was “based on speculation, innuendo and hunches.” However, the evidence is lacking. ”
Several members of the Crypto Six case pleaded guilty to one charge of wire fraud last April. Freeman said he’s scheduled to appear in court to hand down his sentence in April, but FreeTalk’s co-host of his live show can appeal the verdict in the meantime.
What are your thoughts on Free Talk Live co-host Ian Freeman being found guilty of unauthorized money transfers by a jury on Thursday? Let us know your thoughts on the matter in the comments section below.
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