A French crypto trader, Thomas Clausi, is currently jailed in Morocco where he was convicted of the crime of purchasing a Ferrari using bitcoin.
In addition to slapping Clausi with an 18-month jail term, the Moroccan court also ordered the crypto trader to pay a fine of over $3.7 million (€3.4 million).
Clausi’s arrest and subsequent jailing came after a woman, who sold him a Ferrari for $440,000 in April 2021, filed a complaint against the crypto trader when the price of the crypto asset had dropped to just over $30,000.
https://news.bitcoin.com/report-french-crypto-trader-jailed-for-18-months-for-buying-a-ferrari-with-bitcoin/
