$100k Bail for Suspected Head of Bitcoin Exchange Coin.mx

$100k Bail for Suspected Head of Bitcoin Exchange Coin.mx

A man charged by US prosecutors for operating bitcoin exchange service Coin.mx without a money transmission license has been released on bail. According to Bloomberg, Anthony Murgio's bail was set at $100,000 by US Magistrate Judge James Frances. Murgio's bail terms also state he must not communicate with anyone associated with Coin.mx. Originally from Florida, Murgio's bail term will enable him to travel around New York and his home state to look for employment while he awaits trial. Murgio was arrested alongside Yuri Lebedev on 21st July. They were charged with one count of conspiracy to....


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Alleged Illegal Bitcoin Exchange Operator Out on $100K Bail

Following his arrest last month, alleged illegal bitcoin exchange operator Anthony Murgio is out on bail with a $100K bond. Murgio has been charged for operating Coin.mx in New York without having the proper regulatory licenses. The terms of Murgio's bail also state that he is not to communicate with anyone else involved in Coin.mx. His partner in the bitcoin exchange, Yuri Lebedev, was also arrested last month and was released on a $25K bond. Illegal Bitcoin Exchange. Apart from not obtaining the necessary regulatory approval for his bitcoin exchange, Murgio is also under investigation....

Mt Gox CEO Mark Karpeles Out on Bail, Thinner Than Before

The notorious Mark Karpeles, CEO of Mt Gox, was released on bail yesterday after paying nearly $100,000 prior to being released, according to Japanese media. In 2014, the now-defunct bitcoin exchange, Mt Gox, collapsed after it was reported that it had lost hundreds of millions of dollars in customers bitcoins. Karpeles can’t leave Japan. According to Japanese news outlet, News24, Karpeles paid around $100,000 with the condition that he wasn’t to leave Japan once on bail. Since the collapse of Mt Gox, Karpeles was reportedly arrested twice last year in connection with the investigation....

Karpeles Out on Bail – Now What?

In what must have been the story of the 1st half of 2015, Mt. Gox faced closure and bankruptcy under the direction of Mark Karpeles following a long stint of halted cash withdrawals and the resulting lockdown of Bitcoin withdrawals. As such, it isn’t hard to imagine that he had been taken into police custody in the following months due to suspected embezzlement. According to News24 Karpeles is expected to have paid just under 90K USD or 10M Yen to the Tokyo District Court thus securing bail and has left police custody on the condition that he will not flee the country of Japan. Speculation....

Report: Mt Gox CEO Mark Karpeles Released On Bail

Mt Gox CEO Mark Karpeles has been released on bail 10 months after being charged with embezzlement, according to a Japanese media report. Karpeles was charged in September amidst an investigation into the collapse of Mt Gox, the now-defunct bitcoin exchange that, at its height was the most voluminous bitcoin exchange in the world. Mt Gox collapsed in early 2014 after it was revealed that the exchange had lost hundreds of millions of dollars in customer bitcoin. According to local Japanese media outlet news24, Karpeles paid ¥10m (roughly $95k) prior to being released on bail. Karpeles is....

Report: Mt Gox CEO Mark Karpeles out of Jail on Bail

Mark Karpeles, CEO of now-defunct bitcoin exchange Mt Gox has been released on bail from a detention house in Tokyo, according to a local report. A news report by local Japanese media outlet news24 has revealed that Mt Gox CEO Mark Karpeles paid ¥10 million (approximately $95k) to be released on bail from a Tokyo detention house. Karpeles has been granted bail with the condition that he prohibited from leaving Japan. This developing story will be updated.