Virtual Currency Mogul Should Have Stayed In Costa Rica

His new digs in prison will be slightly less tropical, spacious.

No snow. Or jail.

Virtual currency aficionados may wanna avoid digital currencies based out of Costa Rica for the time being.

The former technology manager of a digital currency company that federal officials allege was being run as a $16 billion money-laundering scheme was sentenced to three years in prison, officials said….

The authorities said Mr. Chukharev, a Russian citizen and resident of Costa Rica, helped design and maintain Liberty Reserve’s technological infrastructure, making it seem like the site had an anti-money-laundering program.

Former IT Manager of Digital-Currency Firm Sentenced to Prison [WSJ]