Coin.mx Bitcoin Exchange Trial Begins in New York
Despite a slight delay, the trial of two individuals tied to the now-defunct bitcoin exchange Coin.mx has commenced. Reuters reports that representatives for Yuri Lebedev, one of the operators of the failed exchange, and Trevon Gross, a pastor who once ran a credit union allegedly involved in the scheme, portrayed their clients as unwitting accomplices, pointing the finger largely at Anthony Murgio, who plead guilty to several charges in January. Coin.mx was a bitcoin exchange based in Florida which operated as a so-called “Collectible’s Club”. The government has alleged that Coin.mx used....
Related News
The trial of Sam Bankman-Fried, the founder of cryptocurrency exchange FTX and hedge fund Alameda Research, is set to commence in New York on Tuesday, October 3. This comes almost a year after the collapse of both FTX and Alameda Research. The events leading up to the trial paint a picture of alleged fraudulent activities […]
Some are labeling it the trial for Internet freedom, others - freedom to retain some privacy - but it will center around one man. The alleged operator of Silk Road known by his pseudonym Dread Pirate Roberts (DPR) was identified by Law Enforcement to be Ross Ulbricht and tomorrow, he will stand trial on charges ranging from drug trafficking to money laundering to running a criminal enterprise. The trial will begin at 9am ET January 13, 2015 and is expected to last about a month. It will take place Downtown Manhattan at 500 Pearl Street, New York, NY 10007. Volunteers have set up assistance....
Sam Bankman‑Fried, the co-founder and former chief executive of collapsed cryptocurrency exchange FTX, has filed a request for a new trial in New York on Tuesday, arguing that fresh witness testimony could undermine the government’s case against him. Bid To Revive FTX Trial As reported by Bloomberg, the motion, dated February 5 and entered into […]
Alleged Silk Road mastermind Ross Ulbricht's trial began this morning in a New York City courtroom, where he faces life in prison for accusations that he managed and operated the now-infamous online black market under the pseudonym Dread Pirate Roberts. Ulbricht entered the courtroom in the US District Court for the Southern District of New York at 09:20 local time with his legal team led by attorney Joshua Dratel by his side. He faces four narcotics charges and three charges related to computer hacking, trafficking fraudulent identification documents and money laundering conspiracy,....
In the Second District Court of New York, the trial of Ross "Dread Pirate Roberts" Ulbricht began with jury selection on Tuesday. Ulbricht, 30, is being accused of running the notorious online marketplace 'Silk Road' back in 2013 before Federal authorities arrested him. He is faced with two Federal cases: there are charges of narcotics conspiracy, money laundering, and computer fraud in New York, and six charges of murder-for-hire plots in Baltimore. These charges could land him a sentence of life in prison. Also read: Silk Road Trial Evidence Against Ross Ulbricht Revealed. Ross Ulbricht....