A 17-year-old jihadist teenager from Virginia faces up to 15 years in prison for blog and Twitter posts about encryption and Bitcoin, Bitreserve has announced that it is dropping fees for currency conversions, and more top stories for June 12.
Jihadist US Teen Faces Prison for Blog and Tweets About Encryption and Bitcoin
A 17-year-old Virginia teenager faces up to 15 years in prison for blog and Twitter posts about encryption and Bitcoin that were geared at assisting ISIL. The teenager, who contributed to the Coin Brief news site, pleaded guilty to a federal charge of providing material support to the Islamic State in Iraq and the Levant.
Dana Boente, the US Attorney for the Eastern District of Virginia, said:
“[The plea] demonstrates that those who use social media as a tool to provide support and resources to ISIL will be identified and prosecuted with no less vigilance than those who travel to take up arms with ISIL.”
Bitreserve Eliminates Fees For Currency Conversion
Bitreserve has announced that it is to drop fees for currency conversions, allowing users enrolled in a new membership program to invest in, hold and change between the service’s eight fiat currencies and Bitcoin without a fee.