Puerto Rico Court Fines Man $10K Daily for Refusing to Surrender 119 Bitcoin

A federal court in Puerto Rico has held Juan Carlos Reynoso in contempt for refusing to surrender 119.65 BTC worth approximately $9.7 million, imposing a $10,000 daily fine until he complies with a seizure order. Defendant Faces Mounting Fines After Transferring Seized Bitcoin to Other Wallets Senior U.S. District Judge Francisco A. Besosa ruled on […]

source https://news.bitcoin.com/puerto-rico-court-fines-man-10k-daily-for-refusing-to-surrender-119-bitcoin/