Its not bullshit guys, 5 minutes of searching confirms.
http://egvsys.miamidade.gov:1608/wwwserv/crts/IPSAWNSX.DIA?PROCESS=D&L_NAME=ESPINOZA%20%20%20%20%20%20%20%20%20%20%20%20%20&F_NAME=MICHELL%20%20%20%20%20&M_NAME=ABNER%20%20%20%20%20%20%20&INITIME=&NAME=ESPINOZA,%20MICHELL%20ABNER%20%20%20%20%20%20%20%20%20%20%20&IMTLOC=MWDC%20%20%20%20&ALPHA=10162377&GAMMA=17&DELTA=http://egvsys.miamidade.gov:1608/wwwserv/crts/IPSAWNSX.DIA?PROCESS=D&L_NAME=REID%20%20%20%20%20%20%20%20%20%20%20%20%20%20%20%20%20&F_NAME=PASCAL%20%20%20%20%20%20&M_NAME=%20%20%20%20%20%20%20%20%20%20%20%20&INITIME=&NAME=REID,%20PASCAL%20%20%20%20%20%20%20%20%20%20%20%20%20%20%20%20%20%20%20%20%20%20&IMTLOC=TGKCC%20%20%20&ALPHA=10177836&GAMMA=22&DELTA=Here is the Statute
http://www.flsenate.gov/Laws/Statutes/2011/560.125This is making me wonder what are the legalities in selling to major exchanges as well. IE. Coinbase. For example, These guys are registered at the FEDERAL level but what about the STATES level? Additionally, If you read the way the law is written, it does not say anything about the legalities when selling TO a licensed business nor does it exempt people who are selling to established, registered companies. Just that if a person/business "A person may not engage in the business of a money services business" then they need to be licensed.
I hope this is not the case, but if it is, anyone who does business with the exchanges who resides here in Florida and possibly other states could in theory be getting screwed via technicality of jurisdiction... This is bad stuff.
While they should have simply refused the transaction as soon as the cops mentioned using them for illicit activities and I believe they will definitely serve time for that charge, The community might want to considering setting up a legal fund for these guys since this case will definitely affect the Bitcoin community as a whole seeing as it will be setting a legal precedent in all cases where someone wants to do a person-to-person transaction, let alone clarification of who is considered a money servicing business on the state level.
Also, if there are any lawyers on here who can read the statute and chime in it would be helpful seeing that this is going to get ugly if we don't start making it a conversation.