Try our Advanced Search for more refined results

USA v. Murgio et al

  1. January 05, 2018

    No Prison Yet, Restitution Reduced For Bitcoin Fraudsters

    A New York federal judge on Friday shrunk the restitution ordered against three men sentenced to prison for a bitcoin scheme that led to the failure of a small credit union, while two of them were given permission to remain free until the Second Circuit gets a chance to consider their bail.

  2. October 30, 2017

    NJ Pastor Gets Five Years For Bitcoin Bribery Scheme

    A Manhattan judge on Monday hit a Jackson, New Jersey, pastor with a five-year prison sentence for accepting bribes in a scheme to hand control of a small credit union he controlled to a fraudster who had been looking for a way to process shady bitcoin transactions.

  3. October 20, 2017

    Tech Expert Gets 16 Months In Bitcoin Bank Bribery Scheme

    A tech expert who was convicted in a scheme to co-opt a credit union to process illegal bitcoin-dollar exchanges was sentenced Friday to 16 months in prison by a New York federal judge, who granted him a "substantial variance" from the guidelines for his relatively small role and positive personal characteristics.

  4. October 18, 2017

    Gov't, Defense An Ocean Apart On Coin.mx Pastor's Sentence

    Manhattan federal prosecutors on Wednesday painted a sinister picture of Trevon Gross, the New Jersey pastor convicted of scheming to co-opt a small bank for shady bitcoin transactions, but their effort to put Gross behind bars, possibly for 15 years, clashed conspicuously with a defense request for a sentence without prison time.

  5. August 30, 2017

    Bitcoin Fraudster's Attys Urge Leniency, Citing Minor Role

    Attorneys for one of three men convicted of running an illegal bitcoin website urged a New York federal court on Tuesday to forgo sentencing their client to prison, citing his cooperation with investigators and the relatively minor role he played in the scheme, as well as his spotless criminal record.

  6. July 11, 2017

    Feds Seek Just $676K From 3 Convicted In Coin.mx Scheme

    Federal prosecutors in Manhattan said Monday that they would seek a combined $676,000 from three men who were convicted of running an illegal bitcoin website and hijacking a credit union to process their transactions, barely one-twentieth of what it originally sought.

  7. June 27, 2017

    Head Coin.mx Crook Hit With 5 1/2-Year Sentence

    A Manhattan federal judge on Tuesday hit a restaurateur-turned-bitcoin fraudster with a 66-month prison sentence for engineering a criminal online operation that left a trail of damaged lives in its wake.

  8. June 23, 2017

    Bitcoin Case Defendant Says No Actual Loss To Victim Banks

    A tech expert who was convicted in a scheme to co-opt a credit union to process illegal bitcoin dollar exchanges told a New York federal judge on Friday that the government's loss calculation for sentencing is "outrageously overblown" because none of the victim banks lost money or even risked losing money.

  9. June 21, 2017

    Feds Want 10 Years For Bitcoin Exchange Operator

    New York federal prosecutors Tuesday sought a 10-year minimum prison term for Coin.mx operator Anthony Murgio after he pled guilty to bank fraud and other charges, ripping his "self-serving gloss" on his misdeeds and saying a lesser sentence would send a bad signal.

  10. June 14, 2017

    Facing 8 Years In Prison, Coin.mx Founder Begs For Leniency

    A founder of bitcoin exchange Coin.mx who pled guilty to bank fraud and other charges asked a New York federal judge on Wednesday to sentence him to "dramatically less" than eight years behind bars, saying a rote application of sentencing guidelines would be unjust.

Hello! I'm Law360's automated support bot.

How can I help you today?

For example, you can type:
  • I forgot my password
  • I took a free trial but didn't get a verification email
  • How do I sign up for a newsletter?
Ask a question!