The owner of a Bitcoin exchange has become the seventeenth person to be convicted in the United States in connection with a transnational multi-million-dollar online auction fraud scheme that victimized over 900 Americans. Rossen Iossifov was found guilty yesterday by a federal jury in Frankfort, Kentucky, of one count of conspiracy to commit racketeering and one count of conspiracy to commit money laundering after a two-week trial in front of US District Judge Robert Wier.

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