Randall Lord could face up to 4 years in prison. Charged with not having a license to trade in a state that does not require licenses to exchange bitcoin.
Randall Lord, and his son Michael Lord were involved in the legal trade of bitcoin. They have been sentenced to 46 months in federal jail after being coerced in to taking a plea deal on the bogus charge of conspiracy to run an illegal money services business. The only problem is that they were unknowing of any laws that they were breaking (which they didn't break, even if they did, there was no intent, and that means no conspiracy), They were completely transparent in their dealings, even using their own bank accounts so the government could see their dealings. Randall was denied changing his plea after finding out what he was doing was legal.