The two operators of the bitcoin exchange service Coin.mx have been charged for working without a money transmission license; New York-based bitcoin exchange itBit launched its Global OTC Agency Trading Desk and more top stories for July 22.
Coin.mx Operators Arrested for Running Illegal Bitcoin Exchange
Anthony Murgio and Yuri Lebedev, the two operators of the bitcoin exchange service Coin.mx, have been charged by US prosecutors for working without a money transmission license in violation of federal anti-money laundering statutes. According to a statement from the US Federal Bureau of Investigation, which collaborated with the US Secret Service on its investigation of Coin.mx, Murgio and Lebedev knowingly handled funds tied to bitcoin ransomware attacks.
The agency noted:
“In doing so, Murgio, and his co-conspirators knowingly enabled the criminals responsible for those attacks to receive the proceeds of their crimes, yet, in violation of federal anti-money laundering laws, Murgio never filed any suspicious activity reports regarding any of the transactions.”
itBit Announces Launch of Over-the-Counter Trading Desk
New York-based bitcoin exchange itBit announced that it has launched its global over-the-counter (OTC) trading desk. This agency offers trades between large investors and is targeted toward clients who are interested in transactions over 100 bitcoin.