Kozyak, Tropin & Throckmorton partner Harley Tropin said there is little doubt Bitcoin in its current incarnation can be used to defraud and to launder ill-gotten gains.
“While they are a legitimate business opportunity, the opportunity to cheat people is really there,” the Coral Gables attorney said. “People are interested in these new business opportunities, but the built-in protection that you have in the developed market isn’t there.”
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