Security News > 2017 > June > Illegal Bitcoin exchange operator gets 66-month prison sentence (Help Net Security)
2017-06-28 19:16
Anthony Murgio, the operator of the Coin.mx Bitcoin exchange, has been sentenced to 66 months in prison for processing over $10 million in illegal Bitcoin transactions. He has also been sentenced to three years of supervised release once his prison sentence is over. “Anthony Murgio’s criminal business model consisted of a phony front company hiding an illegal internet Bitcoin exchange. Murgio laundered money, lied to banks, and took over a federal credit union to further … More →
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