the guy was consistently moving a large amount of btc (to drug traffickers) , without a money transmitter license , aka felony money laundering , per the law ... just so anyone else out there is aware - you CANNOT as a private citizen in the U.S. legally buy or sell over $5000 worth of any type of currency in a single day without a money transmitter license ... whether that's btc/pesos/euros/seashells/usd , if you're converting currency , there are legal restrictions on what you can and cannot do ... he broke the law , and now is in jail ... i wonder why nobody wants to give free money to a criminal money launderer ? ? ?
I felt confident there was more to the story than what was posted in the OP. I don't move anywhere near that amount of BTC (in fact, I'm basically just a hodler) however even I start to feel weird when someone says that someone went to jail for selling BTC. I'm glad there's more to it than that.