Cryptocurrency Q&A Is it illegal to make coin rings?

Is it illegal to make coin rings?

Chiara Chiara Wed Nov 20 2024 | 6 answers 1372
I'm wondering if it's considered illegal to craft coin rings. I've seen people make them as a form of art or jewelry, but I'm not sure if there are any legal repercussions for altering currency in this way. Is it illegal to make coin rings?

6 answers

CryptoAlchemist CryptoAlchemist Fri Nov 22 2024
According to US laws, it is unlawful to deface or alter currency with the intention to defraud.

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BonsaiVitality BonsaiVitality Fri Nov 22 2024
Turning a coin into a ring is not considered illegal in the United States.

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SolitudeSerenade SolitudeSerenade Thu Nov 21 2024
BTCC, a top cryptocurrency exchange, offers a range of services including spot, futures, and wallet options.

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KimchiChic KimchiChic Thu Nov 21 2024
This means that altering a coin or bill in such a way that its value or appearance is misrepresented is against the law.

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Carlo Carlo Thu Nov 21 2024
For example, if someone were to change a one dollar bill to resemble a ten dollar bill, with the intent to deceive someone else, it would be illegal.

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