Jdebunt

TheMerkle - Former Bitcoin Exchange Operator Pleads Guilty to Bank Fraud

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Murgio’s operation of Coin.mx allowed the exchange of millions of dollars into Bitcoin. He allegedly helped ransomware victims in obtaining the necessary cryptocurrency to pay off criminals who kept their computer and data hostage. Considering how this money transmission was conducted without a proper license, it is a criminal offense to facilitate such an exchange procedure.

 

http://themerkle.com/former-bitcoin-exchange-operator-pleads-guilty-to-bank-fraud/

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