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Bitcoin Case Defendant Says No Actual Loss To Victim Banks

By William Gorta ( June 23, 2017, 3:23 PM EDT) -- A tech expert who was convicted in a scheme to co-opt a credit union to process illegal bitcoin dollar exchanges told a New York federal judge on Friday that the government's loss calculation for sentencing is "outrageously overblown" because none of the victim banks lost money or even risked losing money....

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