The founder of a plan called Bitcointopia to offer land in the U.S. state of Nevada to bitcoiners has actually confessed in a federal court that some land was not his to sell. Previously apprehended for selling BTC to an undercover representative through Localbitcoins, he also pleaded guilty to running an unlicensed cash transferring company. Bitcointopia Founder Admits Fraud Morgan Rockcoons, a previous Localbitcoins trader who was formerly apprehended for selling BTC to a U.S. federal representative, has actually apparently pleaded guilty to committing a rip-off selling land that he does not own. The plan, referred to as Bitcointopia, included the sale of plots of land in the Nevada

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