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Student Jailed for 10 Days in Uzbekistan for Cryptocurrency Sales

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Uzbekistan cryptocurrency laws

Posted By  janine mashima
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Uzbek Court Sentences Student to 10 Days in Prison for Crypto Sales

Introduction

A 26-year-old student from Termez State University was sentenced to 10 days in prison for selling cryptocurrency without government permission. The student was involved in illegally exchanging digital assets for Uzbek soms. (name unknown - I know right).


Summary of facts
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Fact Truthfulness (1-10)
A 26-year-old Termez State University student was sentenced to 10 days in prison. 10
The student was involved in selling cryptocurrency without permission. 10
Authorities conducted an investigation and found 1,090 grams of gold hidden in the student's home. 10
The student was charged under Article 165-4 of Uzbekistan's Administrative Responsibility Code. 10
The penalty includes up to 10 days in jail or fines for unauthorized crypto activities. 10

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Breakdown of the Timeline for this alleged scam:

In June, the student was arrested after authorities discovered his involvement in unauthorized cryptocurrency sales. Further investigation led to the discovery of hidden gold, and the student was charged under Uzbekistan's administrative law, resulting in a 10-day jail sentence.

Legal Implications:
Uzbekistan's legal framework strictly prohibits unauthorized cryptocurrency sales. Violators can face imprisonment or fines, as seen in this case where the student was jailed for 10 days for engaging in illegal crypto activities.
Summary:

This article details the sentencing of a 26-year-old Termez State University student to 10 days in prison for selling cryptocurrency without government permission in Uzbekistan. The student was charged under Article 165-4 of the Administrative Responsibility Code. Authorities found hidden gold during their investigation, leading to his arrest and imprisonment.

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Entity Related Search Terms
Termez State University Uzbekistan student crypto arrest
Uzbekistan government Uzbekistan cryptocurrency laws
Article 165-4 Uzbekistan legal code crypto
Illegal exchange Unauthorized crypto sales
Reference Source: [1https://news.bitcoin.com/uzbek-court-sentences-student-to-10-days-in-prison-for-crypto-sales/

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