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How a Canadian was charged with money laundering in sale of bitcoins - The Globe and Mail

Allegedly...

On a hot Florida morning a week ago, a young Quebecker named Pascal Reid showed up at a boutique hotel in Miami’s Art Deco district, carrying a laptop and an electronic wallet that held $316,000 in digital currency.

Mr. Reid was expecting to meet a man who had purchased bitcoins from him before. The buyer was, in fact, an undercover agent for the U.S. Secret Service, which arrested Mr. Reid and charged him with money laundering.

According to his arrest form, Mr. Reid was told by the undercover agent that the money used to buy his bitcoins came from credit-card data stolen in the highly publicized hacking of the Target retail chain. Mr. Reid also asked the agent about buying forged identification papers, the police document alleged.