A bitcoin advocate and trader based in Arizona was arrested last week by federal authorities, according to local reports.
Yet warrant documents obtained by Freedom’s Phoenix suggest that authorities are investigating other aspects of Costanzo’s activities, including his use or sale of digital currencies including bitcoin, ethereum and dash.
One of the warrant documents approves the search for "digital currency including Bitcoin, Ethereum, Dash, or other digital coin 'altcoin', or any other financial instrument believed to be proceeds of money laundering or drug sales".
Further along, the warrant identifies records for "digital Bitcoin transactions" and devices capable of retaining "virtual currency applications [and] crypto-currency wallet applications" as other items for seizure.
A complaint and subsequent indictment filed in the US District Court for the District of Arizona, however, only account for the allegedly unlawful possession of ammunition. New Times suggested in its report that additional charges could be filed, but its unclear at this time whether that will happen.
According to Freedom's Phoenix, Costanzo is scheduled to appear at a detention hearing on 27th April.
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