KFC Canada Accepts Bitcoin

Customers can purchase the “Bitcoin Bucket” for the equivalent of C$20 in bitcoin
12 January 2018   811

KFC Canada, world-known Fast-food chain, presented "The Bitcoin Bucket" on January 11.

For the equivalent of C$20 in bitcoin — currently 0.0011204 in the cryptocurrency — customers can purchase the “Bitcoin Bucket”, which includes 10 chicken tenders, waffle fries, a medium side, medium gravy and two dips.

The limited-time Bitcoin Bucket can only be purchased from the KFC Canada website for home delivery.

Welcome to 2018, Canada. Despite the ups and downs of bitcoin, the Colonel's Original Recipe is as good as always. So, trade your bitcoins for buckets and invest in something finger lickin' good.

 

KFC Canada

The rollout was accompanied by a Facebook live video featuring bitcoin prices and bitcoin-themed jokes.

Bitcoin is down. Invest in buckets instead; Invest in Original Recipe. Avoid alt-recipes; Hodl a bucket of chicken instead; It's the $20 bucket, but more futuristic and a little confusing; Buy the dip. Honey Mustard is a personal favourite.

 

KFC Canada

KFC's payment processor is Bitpay, which last month was forced to temporarily raise its minimum invoice amount to $100 due to “current bitcoin network conditions”.

BTC Seller Arrested by US Federal Authorities

Morgan Rockcoons is accused of laundering monetary instruments and the operation of an unlicensed money transmitting business
21 February 2018   52

A US resident was arrested by the Bureau for the Control and Enforcement of Immigration and Customs Law on February 9 after he sold the bitcoins to the agent under cover. This is reported by Bitcoin.com.

According to documents in the case filed by the Southern District Court of California, Morgan Rockcoons (also Morgan Rockwell) is accused of laundering money and servicing cash transfer operations without a license. The government intends to confiscate all assets belonging to it, relevant to the case.

Arrest Document
Arrest Document

In the episode of money laundering, the defendant is accused of deliberately transferring a financial transaction to a representative of law enforcement agencies in order to obtain income from certain unlawful activities. In 2016, Rockoons traded 9,998 BTC, at that time valued at $ 9,208, for $ 14,500 in fiat, which was handed to him by an undercover agent, saying that the money was received from the production and sale of TGC oil (tetrahydrocannabinol-containing oil). TGC is the main active ingredient of cannabis.

As for the charge for servicing money transfer operations without a license, it is less specific, since it is subject to the majority of US citizens who sell large amounts of crypto currency, without the appropriate license. In one of the previous cases of this kind, law enforcement authorities stated that any transaction over $ 3,000 must be made in accordance with all requirements for customer identification.