Two alleged operators of underground bitcoin exchange Coin.mx have been arrested at their homes in Florida by the US Federal Bureau of Investigation (FBI) last Tuesday. Anthony R. Murgio and Yuri Lebedev are charged with operating an unlicensed bitcoin exchange, while the former also faces money laundering charges.
According to the FBI, Murgio and Lebedev along with other suspects operated Coin.mx in violation of federal anti-money laundering (AML) laws set forth by the United States Treasury Department. Between October 2013 and January 2015, Coin.mx is said to have exchanged at least US$1.8 million for bitcoins on behalf of tens of thousands of customers. According to the FBI, moreover, Murgio and Lebedev knowingly exchanged bitcoin for people whom they believed may be engaging in criminal activity.
– Anthony R. Murgio
Additionally, the FBI said that the Murgio sold bitcoins to victims of ransomware attacks such as Cryptowall. This type of malware encrypts the computer of a victim, who is then required to pay a set amount to a certain bitcoin address in order to unlock it. By selling bitcoins to the victims, the FBI, notably, holds Murgio responsible for enabling the criminals responsible for the