In a landmark case underscoring the legal ramifications of illicit cryptocurrency activities, the US Attorney for 2 Districts of the US, Guam and the Mariana Islands, announced the sentencing of a fraudster. The defendant, Julien Abat Weymouth, 32 years old, from Dededo, Guam has been sentenced to prison. The crypto broker is sentenced to a 30 months imprisonment for operating unlawful money-transmitting business, a violation of 18 U.S.C. 1960. Additionally, the Court imposed 3 years of supervised release after imprisonment and a $100 special assessment fee. From Jan 2020 to April 2021, Weymouth orchestrated an ... (full story)