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

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

by Jennifer Mackenzie



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 […]



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