Puerto Rican Faces $10K Daily Fine Over Bitcoin Standoff!

Juan Reynoso, a Puerto Rican crypto enthusiast, is embroiled in a high-stakes legal battle after refusing to hand over $9.8 million worth of bitcoins. Following an FBI raid in June 2024, a judge ordered Reynoso to forfeit 119 bitcoins linked to illegal activities, including drug trafficking. As the refusal to comply continues, a daily fine of $10,000 is stacking up, potentially totaling $9.8 million within 980 days! With President Trump’s recent executive order to create a Bitcoin reserve fund, the seized assets will soon belong to the US government. Dive into this gripping story of crime, cryptocurrency, and court orders! Don’t forget to like and share!

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00:00:00 Puerto Rican Faces $10K Daily Fine Over Bitcoin Standoff!