Texas man pleads guilty in NY bitcoin securities fraud case – AP

A man involved in what federal authorities have described as the first bitcoin securities fraud case pleaded guilty on Monday.

Trendon Shavers, of McKinney, Texas, pleaded guilty in New York to a count of securities fraud on his 33rd birthday. He told U.S. Magistrate Judge Sarah Netburn that he made false statements to investors.

via Texas man pleads guilty in NY bitcoin securities fraud case – AP