【The United States accuses a businessman of operating an unlicensed cryptocurrency and fiat currency exchange】Golden Finance reports that the U.S. Department of Justice (DOJ) announced that Florida businessman Christopher James Scanlon faces federal charges for allegedly operating an unlicensed cryptocurrency and fiat currency exchange. Christopher James Scanlon, from Utah, was arrested on October 10 at Miami International Airport and subsequently pleaded not guilty in Newark federal court. According to the indictment, Christopher James Scanlon, CEO of Aurae Lifestyle and Club Swan, managed entities such as PMA Media Group and AU Card LLC, which provided cryptocurrency and traditional financial services. Prosecutors claim that these businesses never registered as money transmitters with FinCEN as required by federal law. The U.S. Department of Justice noted that conspiracy charges could lead to a maximum of five years in prison and a fine of up to $250,000, or double the defendant's economic gains or the victim's economic losses, whichever is greater.