Bitcoin Exchange Coin.mx Criminal Case Sees Murgio Senior Evade Jail
Michael Murgio, a former Palm Beach County School Board member who pleaded guilty in October to obstructing an examination of a credit union linked to an illegal bitcoin exchange, avoided jail when a judge sentenced him to a year of probation, 200 hours of community service and a $12,000 fine, according to Reuters. U.S. District Judge Alison Nathan said Murgio was far less culpable than others convicted in the scam and had shown remorse. Son Pleaded Guilty. Murgio’s son, Anthony Murgio, pleaded guilty earlier this month to conspiring to operate an illicit bitcoin exchange, Coin.mx. Coin.mx....
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The criminal case that sees Anthony Murgio – a Florida man charged with operating an illegal (unlicensed) bitcoin exchange – saw the presiding US federal judge reject a bid from Murgio’s defense that bitcoin did not classify as “funds”, which would deem it exempt from applicable federal laws. U.S. District Judge Alison Nathan in Manhattan has rejected Anthony Murgio’s claim to dismiss two charges related to his alleged involvement of unlicensed bitcoin exchange Coin.mx. In his bid, Murgio argued that bitcoin wasn’t money and therefore doesn’t fall under the purview of federal law of....
Anthony Murgio, who was charged for operating an illegal bitcoin exchange, has appeared in court to address the charges. Murgio was arrested back in July and has spent a few nights in Pinellas County jail before securing a $100,000 bond to be freed. In the hearing, Murgio let his lawyer Gregory W. Kehoe of the big law firm Greenberg Traurig, do the talking. The hearing was held before the United States magistrate judge, James C. Francis IV, in a federal court in Lower Manhattan. Illegal Bitcoin Exchange. According to federal authorities, bitcoin exchange Coin.mx run by Murgio has been a....
Two alleged operators of underground bitcoin exchange Coin.mx have been arrested at their homes in Florida by the US Federal Bureau of Investigation (FBI) last Tuesday. Anthony R. Murgio and Yuri Lebedev are charged with operating an unlicensed bitcoin exchange, while the former also faces money laundering charges. According to the FBI, Murgio and Lebedev along with other suspects operated Coin.mx in violation of federal anti-money laundering (AML) laws set forth by the United States Treasury Department. Between October 2013 and January 2015, Coin.mx is said to have exchanged at least....
A Florida man pled guilty yesterday after being indicted in a case tied to the now-defunct Florida bitcoin exchange Coin.mx. Michael Murgio, father of Coin.mx operator Anthony Murgio, allegedly took part in a plan to gain control of a New Jersey credit union. That plan, according to prosecutors, involved paying off senior officials at the Hope Federal Credit Union, which has since been shuttered. The elder Murgio was arrested in April, and this week pled guilty to a charge of conspiracy to obstruct an examination of a federal financial institution. He faces as many as five years in prison.....
Anthony R. Murgio and Yuri Lebedev of West Palm Beach Florida were arrested today for running an unlicensed bitcoin exchange with the goal of helping individuals launder money. The press release the FBI put out charges the men of operating this exchange through a "phony front-company and, at times, a federal credit union that Murgio acquired for purposes of the scheme." According to the FBI, "Since at least late 2014, Murgio, Lebedev, and their co-conspirators have knowingly operated Coin.mx, a bitcoin exchange service, in violation of federal anti-money laundering laws and regulations,....