Cryptocurrency Q&A Is making a coin ring illegal?

Is making a coin ring illegal?

mia_rose_lawyer mia_rose_lawyer Sun Nov 03 2024 | 6 answers 815
I'm wondering if it's illegal to make a coin ring. I've seen people wearing them and they look really cool, but I'm not sure if it's legal to alter a coin in this way. Is making a coin ring illegal?

6 answers

CryptoVisionary CryptoVisionary Tue Nov 05 2024
Turning a coin into a ring is not considered illegal.

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SakuraPetal SakuraPetal Tue Nov 05 2024
According to US laws, it is unlawful to deface or alter currency with the intention to defraud.

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Sara Sara Tue Nov 05 2024
This means that altering the appearance of money to deceive others is a criminal offense.

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IncheonBeautyBloomingRadiance IncheonBeautyBloomingRadiance Tue Nov 05 2024
Simply converting a coin into a ring, without any fraudulent intent, does not violate this law.

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Giulia Giulia Mon Nov 04 2024
The key factor in determining legality is the presence of intent to defraud.

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