A 33-year-old Danish man was sentenced to four years and three months in prison after pleading guilty to charges of laundering Bitcoin. According to the verdict, the perpetrator bought Bitcoins from funds he received from identifiable criminal sources and sent it to unidentified offshore accounts. The Danish native admitted to laundering over 3 million Danish kronor or $500,000, a crime also known as “fencing”. According to local investigators, a middleman was also convicted for notoriously hacking servers and computers to mine Bitcoin. The 33-year-old was reportedly exposed after local police found one of his bank ... (full story)