Published On: Fri, Jun 30th, 2017

Operator of Illegal Bitcoin Exchange Coin.mx Sentenced to Prison

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Anthony Murgio, 33, of Tampa, Florida, has been sentenced to five and a half years in prison for running a Bitcoin exchange connected to hackers. The exchange was used to launder more than $10 million worth of funds, authorities reported.Both Murgio and Yuri Lebedev, 39, of St. John’s, Florida, operated Coin.mx through a fraudulent company called “Collectables Club.” According to the U.S. Attorney’s Office for the Southern District of New York, the illegal Bitcoin exchange used the firm’s misleading name to open financial accounts at banks pretending to be a “members-only …

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