French citizen jailed for buying car illegally with bitcoin in Morocco
According to court records, a 21-year-old French citizen has been given a prison sentence of 18 months and a fine of €3.4 million for using cryptocurrency that is considered illegal in Morocco. The Casablanca Court of Appeals upheld Thomas Clausi’s conviction for fraud and the illegal use of cryptocurrency.
Clausi had allegedly accepted a Bitcoin payment of $437,000 in exchange for a luxury car. He was accused of purchasing three luxury watches with a bad check obtained through Bitcoin. The Moroccan judiciary’s strict stance against cryptocurrency is evident in this decision, despite Morocco being....