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A third member of the so-called Crypto 6, Andrew Spinella, was sentenced to no jail time last week for his role in the alleged Bitcoin money laundering scheme. 

Spinella was sentenced on Aug. 30 to 18 months probation and a $600 fine in the United States District Court in Concord. He pleaded guilty to one count of wire fraud earlier this year. His wife Renee Spinella, 26, was sentenced last week to three years of supervised release and ordered to pay $2,000 in fines. She also previously pleaded guilty to one count of wire fraud.

Free Keene activist Nobody, formerly Rich Paul, 55, was sentenced to two years of supervised release last month.

That leaves just two of the original six defendants, Ian Freeman, 42, and Aria DiMezzo, 34, now headed for trial on more than 30 felony counts each. Colleen Fordham 62, of Alstead, had the charges against her dropped earlier this year.

Renee Spinella is Freeman’s ex-girlfriend, though the two stayed friendly after they split and after she married Andrew Spinella. The Spinellas reportedly opened bank accounts for Freeman to use as part of his multi-million Bitcoin money laundering operation, according to prosecutors.

Freeman and DiMezzo are accused of taking in millions of dollars through their Bitcoin exchanges and Bitcoin ATMs. The pair also used personal bank accounts and accounts for made-up churches like the Shire Free Church, the Crypto Church of New Hampshire, the Church of the Invisible Hand, and the Reformed Satanic Church, to conduct their Bitcoin businesses. The pair allegedly lied to banks in opening their accounts and got others to open accounts on their behalf, according to court records. Part of the operation for Freeman was to help cyber criminals swindle money from lonely victims, according to the indictments.

Freeman and DiMezzo are currently seeking to have some of the charges dismissed. A hearing on their motion to dismiss is set for Thursday.

Renee Spinella, charged in the federal wire-fraud case centered on Free Keene’s Ian Freeman, will not go to jail as part of her plea agreement. 

Spinella, 26, was sentenced to three years of supervised release on Thursday in United States District Court in Concord for her role in the money laundering and wire fraud scheme.

Spinella is one of six people charged in the alleged multi-million scheme, and currently one of three people to take plea deals. Her husband, Andrew Spinella, 36, pleaded guilty earlier this year and is awaiting sentencing. Free Keene activist Nobody, formerly Rich Paul, 55, was sentenced to two years of supervised release last month.

Of the remaining suspects, Collene Fordham 63, of Alstead, had the charges against her dropped. That leaves Freeman, 42, and Aria DiMezzo, 34, facing more than 30 indictments in the case. The pair are fighting the charges in court and seeking to have some charges dismissed.

Renee Spinella started living with Freeman when she was 16 after running away from her parents according to court records. She stayed with Freeman until she was 19, but remained within his orbit, according to court records. The pair even shared custody of a dog after their breakup. 

Renee Spinella is accused of opening bank accounts for Freeman to use for his various money laundering schemes, according to court reads. Most of this activity took place when she was between the ages of 21 and 24, according to court records.

Freeman and DiMezzo are accused of taking in millions of dollars through their Bitcoin exchanges and Bitcoin ATMs. The pair also used personal bank accounts and accounts for made-up churches like the Shire Free Church, the Crypto Church of New Hampshire, the Church of the Invisible Hand, and the Reformed Satanic Church, in order to conduct their bitcoin businesses. The pair allegedly lied to banks in opening their accounts and got others to open accounts on their behalf, according to court records. Part of the operation for Freeman was to help cyber criminals swindle money from lonely victims, according to the indictments.

Freeman reportedly has access to millions in cash and cryptocurrency, according to prosecutors.

Freeman is no stranger to local politics. He is currently running as a Republican in Senate District 10. DiMezzo made an unsuccessful campaign for Cheshire County sheriff in 2020 as the only Republican in the race.

Freeman, DiMezzo, and Nobody are all part of the Free Keene collective, an offshoot of the Free State Project. The Free State Project made a show of kicking Freeman out of the movement in 2014 after he repeatedly advocated for lowering the age of consent. The Free State Project is a Libertarian initiative to overtake the state’s government. Freeman is also an advocate of seceding from the United States.

In 2015, federal agents took Freeman’s computers, hard drive, and other devices as part of the child sex abuse image investigation that so far has not produced an indictment or charge, or apparently turned up any evidence. Freeman is currently suing the FBI to get his devices returned.

As part of her sentence, Renee Spinella was fined $2,000. According to court records, her actions were responsible for more than $78,000 in fraud.

Ian Freeman, a libertarian activist currently facing dozens of federal felony charges related to his alleged Bitcoin money laundering, is now running for state Senate in New Hampshire.

The race for the District 10 Senate seat is wide open since incumbent Democrat Jay Kahn announced he is not seeking reelection. Freeman said he intends to serve his term in office even if he gets convicted in the money laundering case.

“I know one cannot run for office in New Hampshire when serving a felony sentence. But I don’t know what the law is regarding being convicted or sentenced while in office,” Freeman said. “Presuming it’s allowed, and they don’t remove me automatically, I would not step down, as having no senator in District 10 is preferable to one who votes against liberty as Jay Kahn often did.”

Cheshire County Republican Committee Chair Richard Merkt has not been in contact with Freeman but said the libertarian activist and former member of the Free State Project has every right to run for office.

“He’s a libertarian, but he’s registered as a Republican,” Merkt said.

There will be other Republicans who file for the seat in the coming days, according to Merkt, and Freeman is unlikely to have an open shot at the nomination.

“I want the GOP to provide a credible alternative to the Democrats,” Merkt said.

Freeman said given the current ballot access laws in New Hampshire, is it easier for him to run as a Republican than a libertarian.

“As you may know, New Hampshire’s ballot access laws make it difficult to run as a third party. Running as a libertarian would cost many hours of gathering 700 valid signatures – probably gotta shoot for 1,500 as they will try to disqualify them – whereas running for New Hampshire Senate as a major party is only $10,” Freeman said. “If the parties ever make ballot access equal for smaller parties, then perhaps fewer libertarians will run under the majors’ labels. I understand some in those parties are frustrated by the infiltration of libertarians, but they did it to themselves by keeping third parties off the ballot.”

Freeman’s run under the GOP banner is reminiscent of Aria DiMezzo’s campaign for Cheshire County Sheriff in 2020. Identifying as a trans and Satanic anarchist, DiMezzo was the only Republican in the race. DiMezzo lost the election and is currently one of Freeman’s co-defendants in the money laundering case.

“I can’t read their minds, I couldn’t tell you what their intentions are,” Merkt said.

Freeman is currently trying to get the federal court to remove the electronic ankle monitor he is required to wear pending trial. A hearing on that motion is set for later this month. The government is objecting to the removal, claiming Freeman has already violated his conditions of release.

According to the prosecution’s motion, Freeman used his girlfriend, Bonnie Kruse, to attempt to access more than $160,000 he has deposited in a Blockchain account. Freeman was ordered not to access any of his digital currency accounts as part of his conditions of release. He was also ordered not to have a third party access the money for him.

The government also suggested Freeman has been underreporting his holdings, and may have millions of dollars in currency, digital and otherwise, secreted away. Freeman has been ordered to not discuss his case. His attorney, Mark Sisti, declined to comment on the allegations.

“There’ll be plenty of comment when the time is right,” Sisti said.

Freeman and DiMezzo are facing dozens of criminal charges for allegedly taking in millions of dollars through their Bitcoin exchanges and Bitcoin ATMs. They also used personal bank accounts and accounts for alleged made-up churches like the Shire Free Church, the Crypto Church of NH, the Church of the Invisible Hand, and the Reformed Satanic Church, in order to conduct their bitcoin businesses, according to the charges. They allegedly lied to banks in opening their accounts and got others to open accounts on their behalf, according to court records. Part of the operation for Freeman was to help cyber criminals swindle money from lonely victims, according to the indictments.

Freeman and DiMezzo were arrested last year along with four other suspects, all of whom have pleaded guilty or had their charges dropped.

Renee Spinella, 25, her husband Andrew Spinella, 36, and Nobody, formerly known as Rich Paul, 54, all took plea deals that will bring them minimal prison time. Andrew Spinella, in fact, will not serve any time behind bars. Prosecutors also dropped the indictment against Colleen Fordham, 62.

Freeman, DiMezzo, and Nobody are all part of the Free Keene collective, an offshoot of the Free State Project. The Free State Project made a show of kicking Freeman out of the movement in 2014 after he repeatedly advocated for lowering the age of consent. The Free State Project is an initiative to concentrate libertarians in a small state and have an oversized effect on state governance. Freeman is also an advocate of seceding from the United States.

Federal prosecutors unsealed a new 32-count superseding indictment Tuesday against Free Keene’s Ian Freeman and Aria DiMezzo, the last remaining suspects in the “Crypto 6” money laundering Bitcoin criminal case.

The new indictments alleged Freeman and DiMezzo engaged in money laundering, wire fraud, conspiracy, and tax evasion. Freeman and DiMezzo are the only conspirators named in these new indictments, bought a week after three of the so-called Crypto 6 entered into plea agreements.

Renee Spinella, 25, her husband Andrew Spinella, 36, and Nobody, formerly known as Rich Paul, 54, all took plea deals that will bring them minimal prison time, and no jail time for Andrew Spinella. Prosecutors also dropped the indictment against Colleen Fordham, 62, leaving Freeman, 42, and DiMezzo, 35, as the only remaining suspects.

Renee Spinella is Freeman’s ex-girlfriend, and Nobody is a long-time member of Freeman’s Keene libertarian activist group.

Freeman’s attorney, Mark Sisti, could not be reached Tuesday evening. Richard Guerriero, DiMezzo’s attorney, said Tuesday night his client maintains her innocence.

Aria DiMezzo

“Aria DiMezzo maintains her position that she did nothing wrong and should not be prosecuted. She looks forward to a trial before a jury of New Hampshire citizens,” Guerriero said.

Freeman was asked Tuesday night about his former friends and associates possibly testifying against him, but he said he does not think that will happen.

“I don’t know what, if any, evidence there is that people are talking to the Feds or planning to testify against me. I’ve heard the opposite,” Freeman said in an email.

According to former First Assistant U.S. Attorney for the U.S. Attorney’s Office for the District of New Hampshire David Vicinanzo, the superseding indictments likely mean people are talking and providing new evidence to prosecutors.

“It most likely reflects that the people who pleaded are cooperating, have been interviewed, and have been deemed credible. Not only do the prosecutors have the testimony of the new witnesses, but probably additional documentary or other corroborative evidence derived from the insider testimony,” Vicinanzo said. “So, it looks like the Feds are loading up on the remaining defendants or defendants. It’s a common pattern in the federal system. We did it many times when I was there.”

If Vicinanzo is correct, and people close to Freeman are now witnesses for the prosecution, Freeman said he is not upset with them.

“Even if my friends are talking, no I don’t feel betrayed. The Feds are very scary and threatened my co-defendants with more charges if they didn’t take a plea deal. This is the typical strategy of the Feds, and it nearly always succeeds. It does not mean those who’ve pled guilty actually did anything wrong or harmed anyone. It simply means they were under duress and afraid of the unknown,” Freeman said. “I don’t blame them for doing what they felt they needed to do. Whatever it is they might say would only be the truth, that we were not scamming anyone, and no one was harmed. My religion includes the practice of forgiveness.”

According to the indictments, Freeman and DiMezzo brought in millions of dollars through their Bitcoin exchanges and Bitcoin ATMs. They also used personal bank accounts and accounts for made-up churches like the Shire Free Church, the Crypto Church of New Hampshire, the Church of the Invisible Hand, and the Reformed Satanic Church in order to conduct their bitcoin businesses. The pair allegedly lied to banks in opening their accounts and got others like Nobody and the Spinella’s to open accounts on their behalf, according to court records.

Part of the operation for Freeman was to help cybercriminals swindle money from lonely victims, according to the indictments.

“As part of the unlawful scheme, the defendant Ian Freeman knowingly processed and profited from numerous virtual currency transactions conducted on behalf of individuals who were defrauded by illegal scams, most commonly so-called ‘romance scams.’ By knowingly permitting defrauded individuals to exchange fiat currency for virtual currency including Bitcoin, Freeman and others facilitated the transfer of illicit proceeds to the executors of the illegal scams, while generating revenue for the virtual currency exchange business.,” the new indictments state.

Freeman is a long-time libertarian activist who first moved to New Hampshire as part of the Free State Project. The official Free State Project distanced itself from Freemen in 2014 when he repeatedly used his radio show to call for lowering the age of consent. However, Freeman has taken part in Free State events since his 2014 ouster, such as the annual libertarian PorcFest.

The indictment states federal officials plan to seize all of Freeman’s Bitcoins, as well as $180,000 in cash and other currencies taken during the March 2021 raids at his home in Keene.

On the day the ex-girlfriend of Free Keene’s Ian Freeman pleaded guilty in the federal money laundering Bitcoin case, his libertarian comrade known as Nobody filed notice of his plans to enter a plea deal as well.

Freeman, 42, is at the center of the case targeting his Bitcoin exchanges and his several libertarian churches, which he used to receive “donations” as part of the multi-million dollar money-laundering scheme, according to the government.

Freeman was arrested last year along with Nobody, formerly known as Rich Paul, 54, Freeman’s ex-girlfriend Renee Spinella, 25, and her husband Andrew Spinella, 36. The Spinella’s entered into plea agreements this week, Andrew Spinella on Tuesday and Renee Spinella on Thursday. Both plea agreements center on their actions to open bank accounts in their own names, which Freeman then used as part of his scheme, according to court records.

While Andrew Spinella was able to bargain for no jail time in exchange for his guilty plea, Renee Spinella was not as fortunate in making a deal for her role in setting up the bank accounts for the Crypto Church of New Hampshire, one of Freeman’s many pseudo-religious entities.

According to court records, prosecutors agreed to drop many of the charges against Renee Spinella and seek the minimum prison time for one count of wire fraud. The maximum sentence is 30 years.

Nobody’s notice that he plans to plead guilty came as a surprise. He has been a fixture among the Keene libertarian groups, spearheading marijuana activism and running for mayor of Keene and governor of New Hampshire.

Nobody had previously done jail time for drug offenses in 2014 after refusing to become a federal informant against Freeman and his fellow libertarian activists. After his arrest last year, Nobody also adamantly stated that the police officers needed to be killed, and made other obscene and threatening statements to his former defense attorney, according to court records.

With the Spinellas and Nobody agreeing to take pleas, that leaves Freeman, Aria DiMezzo, who calls herself a trans satanic anarchist and who started a satanic temple that has been implicated in the scheme, and Colleen Fordham, a 62-year-old Alstead woman who operates the convenience store in Keene in a building Freeman owns.

Freeman is a longtime libertarian activist who first moved to New Hampshire as part of the Free State Project. That group distanced itself from Freemen in 2014 when he repeatedly used his radio show to call for lowering the age of consent. However, Freeman has taken part in Free State Project events, like the annual libertarian PorcFest, since his 2014 ouster.

The Free State Project is a libertarian movement that encourages people to move to New Hampshire and take over state government. Freeman was an early Free State pioneer and encouraged many people to move to New Hampshire.

According to prosecutors, since 2016 Freeman and the others have operated businesses and phony churches that allowed criminal customers to exchange over 10 million dollars in fiat currency for virtual currency, charging a fee for the service. Prosecutors have said Freeman knew he was laundering money from criminals.

Agents took dozens of guns and $180,000 in cash out of Freeman’s Keene home during the March 2021 raid when he and the others were arrested. He was estimated to have more than $1.6 million in cryptocurrency at his disposal that authorities know about, according to court records.

CONCORD — Andrew Spinella is skipping prison as part of the plea agreement he entered in the Keene Crypto 6 money laundering case.

Spinella, 36, pleaded guilty to one count of wire fraud on Tuesday. Two other federal conspiracy charges are being dropped as part of the deal.

While the agreement does not explicitly require Spinella to testify against alleged ringleader Ian Freeman, the charge itself implicates Freeman in a scheme to defraud banks.

Spinella pleaded guilty to a wire fraud count stating he created bank accounts in his own name, and then gave control of these accounts over to Freeman in order to allow Freeman to use the accounts to sell Bitcoin. Assistant United States Attorney Georgiana MacDonald told Judge Joseph Laplante the government has text messages between Andrew Spinella and his wife, Renee Spinella, detailing the scheme.

MacDonald said Renee Spinella explained to her husband in the texts similar bank accounts she opened for Freeman had been closed because of banking laws.

Laplante asked Andrew Spinella point-blank if he was guilty during Tuesday’s hearing.

“I feel with everything going on, if I were to take it to trial, it would make it far worse,” he told the judge.

Laplante pressed Spinella on his guilt, saying he could not accept a guilty plea if Spinella did think he was guilty of the crime charged.

“I don’t mean guilty in some cosmic sense,” Laplante said.

Spinella continued that it would be worse for him if he took the case to trial and if he was tried with the five other defendants. Laplante again asked if he was guilty.

“There’s too much evidence that says that I am,” Spinella said.

Renee Spinella, 25, was also scheduled to enter into a plea agreement, but she did not appear in court Tuesday. She was reportedly feeling unwell and her hearing is now set for Thursday. Renee Spinella is also currently charged with conspiracy along with Freeman, her ex-boyfriend. Freeman, 42, Colleen Fordham, 62, of Alstead, Nobody (formerly Richard Paul), 54, of Keene, and Aria DiMezzo, 36, of Keene, are all charged with conspiracy to operate an unlicensed money transmitting business.

Observing Tuesday’s hearing were Freeman’s attorney, Mark Sisti, and DiMezzo’s attorney, Richard Guerriero.

Freeman is a long-time libertarian activist who first moved to New Hampshire as part of the Free State Project. That organization distanced itself from Freemen in 2014 when he repeatedly used his radio show to call for lowering the age of consent.

In 2015, federal agents raided Freeman’s Keene home and seized dozens of computers and other devices as part of an investigation into the alleged possession of child sex abuse images. No charges were ever brought in the case. Freeman filed a lawsuit against the FBI agent who obtained the search warrant last week.

Nobody (Richard Paul) did jail time for a drug conviction in 2014 and has run for both mayor of Keene and governor of New Hampshire. He was held the longest in jail after the money laundering arrest last year, due in part to his threats against law enforcement.

DiMezzo, who describes herself as a trans satanic anarchist, ran unsuccessfully for Cheshire County sheriff as a Republican in 2020.

Freeman and DiMezzo both started churches that the indictments claim they used as part of the $10 million money-laundering scheme. According to court records, since 2016, the defendants have operated a business that enabled criminal customers to exchange over $10 million in fiat currency for virtual currency, charging a fee for their service. They operated their virtual currency exchange business using websites, as well as operating virtual currency ATM machines in New Hampshire.

Prosecutors claim Freeman knew he was laundering ill-gotten money from criminals. The indictment alleges the defendants knowingly operated the virtual currency exchange business in violation of federal anti-money laundering laws and regulations. Additionally, the indictment alleges some defendants opened bank accounts, some in the names of purported religious entities, like DiMezzo’s Satanic Temple.

Agents took dozens of guns and close to $200,000 in cash out of Freeman’s Keene homes during the March 2021 raid when he and the others were arrested. He was estimated to have more than $1.6 million in cryptocurrency at his disposal that authorities know about, according to court records.

Two of the six people charged with laundering money using Bitcoin sales and Granite Stater Ian Freeman’s libertarian churches are taking plea deals, leaving their alleged co-conspirators legally exposed.

Renee Spinella, 25, and her husband Andrew Spinella, 37, both from Derry, filed notices this week in United States District Court in Concord that they plan to change their current not guilty pleas to guilty.

The Spinellas were arrested last year by federal law enforcement agents who were targeting Freeman, 42, and his libertarian activist cohorts based in Keene. Freeman is alleged to have operated a multi-million-dollar money-laundering scheme that used Bitcoin transactions and phony donations to the various churches he and others started to launder money for criminals.

Freeman, the Spinellas, Colleen Fordham, 62, of Alstead, Nobody (formerly Richard Paul), 54, of Keene, and Aria DiMezzo, 36, of Keene, are all charged with conspiracy to operate an unlicensed money transmitting business. Freeman and the Spinellas are also charged with conspiracy to commit wire fraud and several other charges.

If the Spinellas are cooperating with authorities, as is typical for such plea agreements, that could spell trouble for Freeman and the other defendants. David Vicinanzo, a former first assistant U.S. Attorney for New Hampshire, said plea deals in conspiracy cases are bad news for the remaining defendants.

“If they are charged together in a common conspiracy, the guilty pleas of some defendants suggest that those defendants will be called as witnesses against the remaining defendants. The ‘code of silence’ may be crumbling, as the government strengthens its case with the information and testimony of insiders who know what happened because they participated,” he said.

Rene Spinella used to be Freeman’s girlfriend and seemingly remained friendly with him after they went their separate ways. The pair even shared ownership of a dog after the split.

While Freeman has denied criminal wrongdoing, the testimony of his former girlfriend and her current husband could prove troubling for his defense.

Freeman is a long-time libertarian activist who first moved to New Hampshire as part of the Free State Project. The official Free State Project distanced itself from Freemen in 2014 when he repeatedly used his radio show to call for lowering the age of consent for sexual activity.

In 2015, federal agents raided Freeman’s Keene home and seized dozens of computers and other devices as part of an investigation into the alleged possession of child sex abuse images. No charges were ever brought in the case. Freeman filed a lawsuit last week against the FBI agent who obtained the search warrant.

The defendant named Nobody did jail time for a drug conviction in 2014 and has run for mayor of Keene and governor. He was held the longest in jail after the money laundering arrest last year, due in part to his threats against law enforcement.

DiMezzo, who describes herself as a trans satanic anarchist, ran for Cheshire County sheriff as a Republican in 2020.

Freeman and DiMezzo both started churches that the indictments claim they used as part of the money-laundering scheme. According to the court records, since 2016, the defendants have operated a multi-million business that enabled criminal customers to exchange over ten million dollars in fiat currency for virtual currency, charging a fee for their service. They operated their virtual currency exchange business using websites, as well as operating virtual currency ATMs in New Hampshire.

Prosecutors have said Freeman knew he was laundering ill-gotten money from criminals. The indictment alleges that the defendants knowingly operated the virtual currency exchange business in violation of federal anti-money laundering laws and regulations. Additionally, the indictment alleges that some defendants opened bank accounts in the names of purported religious entities, like DiMezzo’s Satanic Temple.

Agents took dozens of guns and close to $200,000 in cash out of Freeman’s Keene homes during the March 2021 raid. He was estimated to have more than $1.6 million in cryptocurrency at his disposal, according to court records.

Change of plea hearings for the Spinellas are set for Tuesday in Concord.

Libertarian activist and leader of the Free Keene movement, Ian Freeman, wants the FBI to return computers and hard drives taken when agents raided his Keene home as part of a child sex abuse images investigation.

Freeman was never charged in the 2016 investigation. Freeman insists he has been targeted by federal agents for years because of his political beliefs and now wants his stuff back.

“It’s just the Shire Free Church attempting to get back what is ours from the 2016 raid, as it has been six years and no charges have been filed,” Freeman said Saturday.

Freeman and the Shire Free Church which he runs out of his Keene home are part of an ongoing criminal money laundering case brought against Freeman and five other associates. Any connection between the 2016 raid and last year’s arrests has not been made public.

“Whether that raid was simply an excuse to take our computers and go through them on the pretext of searching for illegal pornography or not is up to the observer to decide.  The facts are clear – obviously, they haven’t found any evidence of any criminal activity or someone would have been charged by now,” Freeman said.

Freeman is suing the agent who obtained the 2016 warrant, Scott Bailey, in order to get his electronics returned. The lawsuit filed last week in the United States District Court in Concord, claims the government obtained the search warrant improperly and that there was no evidence of any crime.

The lawsuit seeks the return of all his devices taken in the 2016 raid, as well as payment to cover the cost of the legal action.

In 2015, agents took his computers, hard drive, and other devices as part of the child sex abuse image investigation that has, so far, not produced an indictment or criminal charge, or apparently turned up any evidence. Soon after that raid, law enforcement agents began asking Freeman’s friends about his crypto businesses, he said.

Agents raided his home again in March of last year as part of the money-laundering investigation. This time Freeman, along with five other people connected to him, were charged with federal felonies.

Freeman (formerly Ian Bernard), 41, of Keene, Colleen Fordham, 61, of Alstead, Renee Spinella, 24, of Derry, Andrew Spinella, 36, of Derry, Nobody (formerly Richard Paul), 53, of Keene, and Aria DiMezzo, 35, of Keene were all taken into custody and charged.

Nobody, AKA Rich Paul, is another example of federal harassment, according to Freeman. During the 2020 interview, he said Nobody has been arrested in 2014 on drug charges but offered a deal if he would talk. Nobody, a pro-marijuana activist who ran for governor, declined the deal and served about a year in jail.

According to court records, since 2016, the defendants have operated a multi-million business that enabled criminal customers to exchange over 10 million dollars in fiat currency for virtual currency, charging a fee for their service. They operated their virtual currency exchange business using websites, as well as operating virtual currency ATM machines in New Hampshire.

Prosecutors have said Freeman knew he was laundering ill-gotten money from criminals. The indictment alleges the defendants knowingly operated the virtual currency exchange business in violation of federal anti-money laundering laws and regulations. Additionally, the indictment alleges some defendants opened bank accounts in the names of purported religious entities, like DiMezzo’s Satanic Temple.

Agents took dozens of guns and close to $200,000 in cash out of Freeman’s Keene homes during the March 2021 raid. He is estimated to have more than one million dollars in cryptocurrency at his disposal, according to court records.

The money laundering case has yet to go to trial, though Freeman insists he is not guilty of any crimes.

Cryptocurrencies have been part of criminal cases in New Hampshire, and regulatory concerns as well. Last year, for example, Shawn Helstein pleaded guilty to money laundering after he was caught trying to convert thousands of dollars in proceeds from the sale of methamphetamine into Bitcoin, according to court records.

United States Attorney John Farley recently told NHJournal drug dealers in New Hampshire have been using crypto to buy and sell drugs on the dark web.

“Almost anyone who wants to find a connection can find a connection,” Farley said. “It’s everywhere.”

If crypto has a legitimate future in the New Hampshire economy, it will need to submit to some form of regulation, critics say. BlockFi Trust withdrew its application to open a branch in New Hampshire after deciding the Granite State’s banking regulations were too unclear for the crypto banking firm.

BlockFi is already in trouble with New Jersey regulators over its interest-bearing accounts. New Jersey’s Bureau of Securities issued a cease and desist order against the company, stating BlockFi’s accounts were not registered with that office or exempt from registration. BlockFi offers accounts with yields from 0.25 percent to 7.5 percent, and New Jersey claims the accounts violate its state regulations.

Freeman was an early Free State activist, moving to New Hampshire as part of the Libertarian movement to take over state politics. He had a falling out with the Free State Project in 2014 after he made statements on his radio program in favor of lowering the age of consent laws. The Free State Project officially distanced itself from Freeman at that time.