New York Bitcoin User Charged With Unlawful Money Transmission
A New York man has been charged with operating an unlawful money transmitting business in connection with the sale of bitcoins, the US Department of Justice announced on Friday. The government said last week that it was charging Rochester, New York, resident Richard Petix with illegally selling $200,000 in bitcoin between August 2014 and December of last year. Notably, the report does not provide information on any state-specific laws Petix was in violation of when conducting the sale. Petix's charges, the Justice Department said, are connected to a wider alleged scheme that involved money....
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A new indictment has been filed against Anthony Murgio, the former operator of bitcoin exchange Coin.mx, months after charges were first submitted by the US Attorney's Office for the Southern District of New York. Court documents obtained by CoinDesk detail seven charges against Murgio, who was arrested in July alongside co-operator Yuri Lebedev and charged with the unlawful operation of a money transmission business as well as money laundering. Murgio later posted $100,000 bail. As in the original indictment, Murgio is accused of operating a vast conspiracy for the unlawful operation of....
At least two men in Florida have been charged for moving large volumes of bitcoins via the popular person-to-person exchange LocalBitcoins.com. They were charged under state anti-money-laundering laws following an investigation by the US Secret Service, said reports. Security blogger Brian Krebs reported that Michell Abner Espinoza of Miami Beach was arrested after a sting in which an undercover agent engaged him in a fake transaction to convert $30,000 worth of cash into bitcoins. In addition, 29-year-old Pascal Reid was also arrested after meeting with an undercover agent to exchange....
This article has been updated with a signed complaint against Anthony Murgio. Two operators of the bitcoin exchange service Coin.mx are being charged by US prosecutors for working without a money transmission license. Anthony Murgio and Yuri Lebedev have been accused of operating Coin.mx in violation of federal anti-money laundering statutes. The charges were unveiled today by the US Attorney's Office of the Southern District of New York. Murgio was charged with one count of money laundering and one count of willful failure to file a suspicious activity report. Both Murgio and Lebedev were....
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....
A federal grand jury has charged one man with operating an unlicensed money transmitting business and two others with money laundering and related charges in the first bitcoin-related case before the Western District of New York, according to the U.S. Attorney’s Office and the Western District of New York. The grand jury has charged Richard Petix of Rochester, N.Y. with operating an unlicensed money transmitting business and making false statements. The grand jury also charged Zhe Wang, 20, and Kevin Szura, 20, both of Queens, N.Y., with money laundering, conspiracy to distribute....