[___GS___]

Is that true? Just heard the same from my couple of friends.
Localbitcoins is from where I started buying/selling BTC.

[SUI-3183372]

https://hackforums.net/showthread.php?tid=6232915

[perok]

Yeah, Ian went to trial in NH for illegally selling BTC or whatever (article here it's a good read! https://www.coindesk.com/policy/2022/12/...hampshire/)

"In addition to the unlicensed money transmitting business charges and two counts of money laundering (one that applies to his entire operation and one for allegedly selling bitcoin to an undercover FBI agent posing as a drug dealer), Freeman also faces four counts of tax evasion."

LocalBitcoins worked when it was small, and flew under the radar for a while but the fed would have shut it down themselves if he didn't throw the towel in. I guarantee you that.

[boost]

if you're looking for an alternative check out localcoinswap, no kyc.

[___GS___]

Yeah, Ian went to trial in NH for illegally selling BTC or whatever (article here it's a good read! https://www.coindesk.com/policy/2022/12/...hampshire/)

"In addition to the unlicensed money transmitting business charges and two counts of money laundering (one that applies to his entire operation and one for allegedly selling bitcoin to an undercover FBI agent posing as a drug dealer), Freeman also faces four counts of tax evasion."

LocalBitcoins worked when it was small, and flew under the radar for a while but the fed would have shut it down themselves if he didn't throw the towel in. I guarantee you that.

Thanks for sharing that article.
Never knows that it's a legal matter.

---

if you're looking for an alternative check out localcoinswap, no kyc.

Ah thanks for the share, But I wasn't using localbitcoin since last couple of years. It's just where I started quite easily.

[nelz]

Oh man I remember having to use localbitcoins when I first started to buy btc at the low low rates of +15% to 18% via atm cash deposit. Thank God I learnt to buy btc in other ways 🤣🤣

I didn't know that they had a lawsuit. Pretty much thought kyc, high rates and way better options to buy now killed them off.

[NARVI]

Man, lbc is legend! Why are they closing?

[Sempene]

Sad. Used to sell back in 2015-2017 and got like 4 bank accounts closed. I have a working exchange scirpt like localbitcoinbut the problem is to make it popular for people to use

[jcole]

Sad. Used to sell back in 2015-2017 and got like 4 bank accounts closed. I have a working exchange scirpt like localbitcoinbut the problem is to make it popular for people to use

Crazy how you got a gold egg for your reply to this thread. Congrats.
OT: I remember those ATMs across from the parole office in a hood convenient store.