Father of Bitcoin Exchange Operator Pleads Guilty to Obstruction
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.....
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A Texas man, who calls himself “Doctor Bitcoin,” has pleaded guilty to running an illegal cryptocurrency exchange business, converting cash to bitcoin. He faces five years in federal prison. Crypto Exchange Operator Pleads Guilty The U.S. Department of Justice (DOJ) announced Tuesday that a Texas resident, Mark Alexander Hopkins, has pleaded guilty to “illegally operating a cash-to-cryptocurrency conversion business.” The 42-year-old man, who calls himself “Doctor Bitcoin,” pleaded guilty to one count of operation of an unlicensed money transmitting....
Larry Dean Harmon, founder and operator of the bitcoin mixing service Helix has pleaded guilty on Wednesday to money laundering charges. Harmon’s guilty plea follows the U.S. Treasury’s Financial Crimes Enforcement Network (Fincen) fining Harmon $60 million last year. Helix Operator Pleads Guilty to Money Laundering, Conspiracy Charges According to several reports and a court-issued plea, Ohio resident Larry Harmon (38) pled guilty in a D.C. federal court on Wednesday for money laundering and conspiracy charges. Harmon detailed in court that he plans to cooperate with federal....
Readers may recall CCN’s previous reporting on Coin.mx, a Florida-based bitcoin exchange which shut down amid charges of money laundering and connections to a JP Morgan Chase hack. The case even roused a Federal judge to rule on whether or not Bitcoin is money, and according to him, it is. Now Anthony Murgio’s father, Mike Murgio, has struck a deal with prosecutors in regards to his charge of having bribed bank officials to conceal his son’s activity. The deal, which was concluded last Thursday, has Murgio pleading guilty to a lesser charge of obstructing examination of a financial....
Anthony Murgio pleaded guilty yesterday to conspiring to operate an illicit bitcoin exchange, according to The Palm Beach Post. He will be sentenced in June. Murgio was accused of operating the bitcoin exchange, Coin.mx, that laundered cash for Internet criminals, including drug dealers, and facilitated extortion schemes. He was accused of operating an unlicensed money transfer business that used bitcoin to launder cash. The plea comes less than three weeks after prosecutors released a new indictment against Murgio and two others. Case Ensnares Murgio’s Father. The case against Murgio, who....
The former operator of the now-defunct bitcoin exchange Coin.mx has plead guilty in federal court. The move comes after Anthony Murgio had previously plead not guilty to money transmitting charges, first filed last year. The case has been connected by federal prosecutors to the hacking of major US companies, including JPMorgan Chase. Murgio changed his plea to guilty on three charges, including the operation of an unlicensed money transmission service, Reuters reports. He now faces sentencing in June. Attorney Brian Klein, who represents Murgio, confirmed the plea. He told CoinDesk by....