Bitcoin Exchange Operator Pleads Not Guilty to Money Laundering

The former operator of bitcoin exchange Coin.mx, Anthony Murgio, has pleaded not guilty to money laundering, Bloomberg reports.

AccessTimeIconNov 18, 2015 at 3:49 p.m. UTC
Updated Sep 11, 2021 at 11:59 a.m. UTC
Consensus 2023 Logo
Join the most important conversation in crypto and Web3 taking place in Austin, Texas, April 26-28.
Consensus 2023 Logo
Join the most important conversation in crypto and Web3 taking place in Austin, Texas, April 26-28.

The former operator of bitcoin exchange Coin.mx, Anthony Murgio, has plead not guilty to money laundering.

, Murgio also plead not guilty to operating the bitcoin exchange, wire fraud and conspiracy.

As previously reported by CoinDesk, Murgio was charged with one count of money laundering and one count of willful failure to submit a suspicious activity report. He was arrested alongside Yuri Lebedev in July and accused of using Coin.mx as a money channel for a series of online criminal enterprises.

Both him and Lebedev were charged with one count of conspiracy to create an unlicensed money transmitting business and one count of running an unlicensed money transmitting business.

Earlier this month, US prosecutors unsealed a new indictment filed against Murgio. The court documents named charges against three other individuals: Gery Shalon, Joshua Aaron and Ziv Orenstein. All three were accused of money laundering, computer hacking and securities fraud charges.

According to the US government, Coin.mx is thought to have been used as a means to launder illicit funds.

Additionally, the three defendants are believed to have created a web of digital criminal activity, dating as far back as 2012, which included in a cyberattack against JPMorgan Chase last year.

Murgio, who is free on bond, is expected to appear in court for trial on 31st October 2016.

Man in courtroom image via Shutterstock


Read more about

DISCLOSURE

Please note that our privacy policy, terms of use, cookies, and do not sell my personal information has been updated.

The leader in news and information on cryptocurrency, digital assets and the future of money, CoinDesk is a media outlet that strives for the highest journalistic standards and abides by a strict set of editorial policies. CoinDesk is an independent operating subsidiary of Digital Currency Group, which invests in cryptocurrencies and blockchain startups. As part of their compensation, certain CoinDesk employees, including editorial employees, may receive exposure to DCG equity in the form of stock appreciation rights, which vest over a multi-year period. CoinDesk journalists are not allowed to purchase stock outright in DCG.


Learn more about Consensus 2023, CoinDesk’s longest-running and most influential event that brings together all sides of crypto, blockchain and Web3. Head to consensus.coindesk.com to register and buy your pass now.