Coin.mx operator pleads guilty in bitcoin case tied to 2014 JPMorgan hack BY ON January 11, 2017 Anthony Murgio, operator of defunct Coin.mx bitcoin exchange, has ended his involvement in the probe of the massive JPMorgan Chase hack by pleading guilty to charges of conspiracy, according to The Palm Beach Post.The 33-year-old Florida resident pleaded guilty to three charges: conspiracy to commit bank fraud, conspiracy to operate an unlicensed money transfer business and conspiracy to obstruct examination of an unlicensed financial institution.The guilty plea was part of Murgio’s plea bargain with federal prosecutors, who, less than three weeks ago, released a new indictment against Murgio and two others.Murgio was accused of operating Coin.mx, which authorities said was an unlicensed money transfer business that used digital currency to launder cash for internet criminals—including drug dealers—and facilitate extortion schemes.To facilitate business with the Coin.mx site, Murgio reportedly opened U.S.

bank accounts under the name Collectable’s Club, while maintaining a website under the same name that claimed to cater to members looking to sell items like stamps and sports memorabilia.Federal sentencing guidelines require Murgio, who will be sentenced in June, to serve between 10 and 13 years, but the judge has discretion to give a lighter sentence, according to the news outlet.Murgio was first indicted in July 2015 on charges of money laundering.In 2015, the case ensnared Murgio’s father, Mike Murgio, who was charged with participating in a bribery scheme to hide the bitcoin exchange’s operations.The elder Murgio pleaded guilty to lesser charges in October.In December, federal prosecutors in New York unveiled a new indictment against Anthony Murgio and two others, accusing them of using Coin.mx business to exchange “millions of dollars for Bitcoins on behalf of behalf of customers throughout the United States,” including knowingly facilitating “illegal narcotics transactions at various Darknet websites,” among other things.

The indictment alleged that Murgio and his accomplices ensured that clients’ credit card payments were miscoded to cover the illegal nature of the transactions.Current bitcoin price and trade volume Bitcoin recovered slightly on Wednesday morning, trading at $918.4 with a trade volume of $3.2 million.Attorneys » Southern District of New York » News » Press Releases SHARE Operator Of Unlawful Bitcoin Exchange Pleads Guilty In Multimillion-Dollar Money Laundering And Fraud Scheme Three Guilty Pleas to Date in Bitcoin and Bribery SchemeCharlie Shrem, one of the foremost promoters of the "virtual money" Bitcoin, pleaded guilty Thursday along with a second man to helping route money through the "dark Web" black market Silk Road, according to court documents.Shrem, 24, a co-founder of the Bitcoin Foundation and former chief executive of the Bitcoin exchange BitInstant, pleaded guilty in U.S.District Court in New York to a reduced charge of making an unlicensed money transmission, while Robert Faiella, a Florida Bitcoin operator known as "BTCKing," pleaded guilty to running an unlicensed money transferring business.

Shrem originally was charged with more serious offenses, including money laundering conspiracy and willfully failing to file suspicious activity reports with banking authorities, according to an April indictment that accused the duo of scheming to sell $1 million worth of Bitcoin to anonymous drug buyers on Silk Road, which federal authorities shut down last year.ethereum price 2018IN-DEPTH Two Arrested For Selling Bitcoins In Connection With Silk RoadBitcoin Foundation Hit by Resignations Over New Director SOCIAL Happy to be moving forward :) Exclusive: Bitcoin promoter to plead guilty to unlicensed money transmission http://t.co/zcZhjQtqZM #Bitcoin— Charlie Shrem (@CharlieShrem) August 29, 2014 The approx $1M in Bitcoins Faiella & Shrem sold to these outlaws cost them more than they bargained for & bought them today’s convictions— SDNYnews (@SDNYnews) September 4, 2014 — M. Alex Johnsonlitecoin reward system

Carl M Force, part of federal taskforce that penetrated illicit online marketplace, ended up siphoning off more than $700,000 in digital currency for himself Carl M Force stole a small fortune in Bitcoin while infiltrating Silk Road as an undercover federal agent.nyt bitcoin miningPhotograph: George Frey/Getty Carl M Force, part of federal taskforce that penetrated illicit online marketplace, ended up siphoning off more than $700,000 in digital currency for himself A former undercover agent with the Drug Enforcement Administration has pleaded guilty on charges of stealing more than $700,000 in digital currency – most of it from an online drug bazaar known as Silk Road that he infiltrated as part of a federal investigation.utorrent bitcoinCarl M Force, dressed in the orange garb of the San Francisco jail and shackled at the ankles, pleaded guilty to extortion, money laundering and obstruction of justice in federal court.using bitcoin asic for litecoin

The former DEA agent could face a maximum sentence of 20 years in prison when sentenced in October.“He had a stellar 15-year career with the DEA except for this one blip,” Force’s attorney, Ivan Bates, said outside court.bitcoin explorer scriptInside court Bates told US District Judge Richard Seeborg that Force suffered from anxiety and depression.While with the DEA Force, 46, was tasked with masquerading as a big-time drug dealer who had connections to hit men, infiltrating Silk Road and communicating with the online drug bazaar’s founder, Ross Ulbricht.Ulbricht was recently sentenced to life in prison for his role in managing the Silk Road website, which rang up more than $200m in sales.Serving in his undercover role as “Nob”, Force told Ulbricht he had inside information about the federal investigation of Silk Road and began selling him tidbits about the probe, authorities said.Force also created another persona, “French Maid”, who purported to have inside information on the probe that he sold to Ulbricht.