Illegal Bitcoin Exchange Operator Faces Trial in NY Court
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....
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The legal trial related to defunct Israeli exchange Coin.mx has slowed down after the prosecution produced a new witness. Coin.mx is under suspicion for operating under a fake image while illegally accruing mlns of dollars in Bitcoin. Parties are in court on matters relating to the exchange’s illegal activities and those of its operator and owner. In a lengthy investigation, now two years after the exchange closed down, authorities are still probing those connected either to Coin.mx, its operator Anthony Murgio and its alleged owner, Gery Shalon. Among them are two men, Yuri Lebedev and....
A district judge has ordered a bitcoin Ponzi operator to be arrested and imprisoned after he ignored multiple court orders and failed to pay the U.S. Securities and Exchange Commission (SEC) $40 million. He pleaded guilty to securities fraud in 2015.
Bitcoin Ponzi Operator Faces Imprisonment After Failing to Pay SEC
Judge Amos L. Mazzant of the U.S. District Court for the Eastern District of Texas said earlier this week that a bitcoin Ponzi operator will be arrested and imprisoned for civil contempt unless he immediately provides overdue documents and payments, Bloomberg....
Convicted Silk Road operator Ross Ulbricht faces life in prison at a sentencing hearing tomorrow in New York. The end of the trial comes more than a year and a half after Ulbricht's legal battle with the US government first began. Ulbricht was found guilty in February of narcotics, computer hacking and conspiracy charges in connection with his operation of the Silk Road black market. As reported by Wired, prosecutors asked the court earlier this week that Ulbricht be given "a lengthy sentence" to dissuade other would-be dark market operators. "The court thus has an opportunity to send a....
A bitcoin ATM operator has been sent to federal prison for two years for running an illegal cryptocurrency exchange operation. U.S. authorities have seized 17 bitcoin ATMs, along with some cryptocurrencies, including bitcoin. Illegal Bitcoin ATM Operator Sent to Prison The U.S. Department of Justice (DOJ) announced Friday that a California man, Kais Mohammad, has been sentenced to two years in federal prison “for operating illegal ATM network that laundered bitcoin and cash for criminals.” The Justice Department said that the 37-year-old operated an illegal crypto business....
The trial of the former CEO of the defunct crypto exchange FTX, Sam Bankman-Fried (SBF), began yesterday with the jury selection taking place. In line with this, the court proceedings began with the voir dire process, with certain revelations made on the first day in court. How Day 1 Of SBF’s Trial Went In a […]