Bitcoin is in a position right now, where it can get you into a lot of trouble; but apparently out of trouble too! We are not talking about the financial aspect of Bitcoin, but more about how virtual currency knowledge can be wielded to reduce jail time. This scenario played out quite well for Pascal Reid, a person recently convicted for money laundering while selling Bitcoin.
The Trials and Tribulations of Bitcoin Users in the US
While it is technically not illegal for individual Bitcoin users to buy and sell virtual currency to other people in a peer-to-peer fashion, you just never know who you will be dealing with. A few people have been assaulted when dealing with another person for a Bitcoin trade and meeting up to exchange funds.