Firoz Patel, the founder of Payza, has been sentenced to three and a half years in prison for attempting to hide 450 Bitcoin amidst serious money laundering allegations. This latest sentence comes in addition to a prior three-year sentence related to operating an unlicensed money-transmitting business, highlighting the severe consequences of illicit cryptocurrency operations. According to the Department of Justice, Judge Dabney Friedrich emphasized the seriousness of Patel’s actions,...