He's in prison for talking shit. The documents are full of quotes of his Twitter posts, forum posts, telegram chats, whatever, where he explicitly said his business is helping criminals, or money laundering, or inviting exchange thieves to use his mixer... AM NOT saying this is morally enough to jail him. A lot of this was obvious joking. But it is 100% talking shit and it gave the Feds what they needed on a silver platter to establish "intent" and it was used against him, whether he held funds or not. I hope he gets his pardon though.

 

says they plead guilty to "operating a money transmitting business that transmitted crime proceeds, washing more than $200 million in dirty money for criminals" 5 years is the maximum penalty for operating an unlicensed money transmitting business. They could have faced the same even if they did it on paper at that scale.