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Sentenced to 1 year in jail for pirating movies and “laundering” proceeds with bitcoin

For years, Talon White created sites on the Internet to illegally distribute movies and television shows. The American sold subscriptions of his service to thousands of people, which served him to amass millions of dollars in profits. In 2019, the suspect pleaded guilty and has now been sentenced to 1 year in prison for infringing copyright.

The United States Department of Justice reported on the sentence handed down to the 31-year-old man who was also seized $ 1 million in bitcoin and cryptocurrencies. In addition, according to the statement, White had almost $ 4 million seized in his bank accounts and $ 35,000 in cash.

Upon his release, White will have to spend three years on supervised release as he also evaded paying taxes. Judge Ann Aiken also ordered to pay 4.3 million dollars in restitution to the tax agency (IRS) and the Motion Picture Association of America (MPPA), an organization that looks after the interests of film studios.

“In 2018, White had amassed millions of dollars in subscription fees from his websites. Between February and September 2018 alone, it collected almost $ 3 million in installments. In November 2018, investigators served search and seizure warrants at his home in Newport, Oregon, “explained the Department of Justice.

The MPPA itself sued White in 2014 to stop the distribution of the copyrighted content. However, the pirate ignored the warning. To evade the police authorities and justice of your country, the man migrated his business to various cities from United States.

In 2019, when the subject’s arrest occurred, authorities estimated the amount seized in cryptocurrency to be $ 424,000. Now White will have to give up his holdings in digital assets, dollars and a house in Newport valued at about $ 415,000.

The seizure of digital assets and dollars occurs because the authorities determined that they came from an illicit activity. Because it is ill-gotten money, it is considered “dirty” money, so criminals use various methods to “launder” the income they earn.

Bitcoin on the court scene

Court cases related to bitcoin and cryptocurrencies are usually released by the Department of Justice. CriptoNoticias recently reported the trial against a citizen of Swedish nationality who was sentenced to 15 years in prison for deceiving, with false investments, more than 3,500 people.

The scammer, identified as Roger Nils-Jonas Karlsson, raised funds in bitcoin to promote the purchase of shares in a supposed company that invested capital in gold. The person involved operated for 8 years and generated losses of more than 16 million dollars.

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