Trader Sentenced to 5 Years Behind Bars
Heavy Punishments for Offenders in Kazakhstan's crypto Crackdown In a recent development in Kazakhstan's ongoing crypto crackdown, a court in the country has sentenced an illegal trader to five years in jail The unnamed convict has also been prohibited from engaging in the issuance and trading of cryptoassets and digital mining for a period of 10 years The court further confiscated assets worth $4 19 million, which will be handed over to the Treasury The individual was found guilty of participating in the illegal trading of cryptocurrencies, specifically bitcoin (BTC), Litecoin (LTC), and ethereum (ETH) on foreign platforms...
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