US man faces 40 years in prison for running bitcoin lottery scams.

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According to a Department of Justice┬ápress release, Austin Nedved admitted in a federal court in Worcester, Massachusetts, that he ran a business in which he bought and sold bitcoin for cash. He advertised his services on and Paxful. The Northborough resident operated his business from 2017 to 2019, aiding romance and lottery scammers to […]

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