Murgio Senior Avoids Jail in Bitcoin Exchange Coin.mx Case

[kreslik.news]

Michael Murgio, a longtime educator in Palm Beach County, and his father Anthony Murgio, who authorities say ran an unlicensed Bitcoin exchange, avoided jail time at their sentencing today after pleading guilty on a lesser charge.

To unlock the Asian market, register now to the iFX EXPO in Hong Kong

Anthony Murgio found himself in 2014 entangled in an international digital currency scheme involving his son, who prosecutors allege assisted hackers.

Anthony Murgio, 66, at a hearing in New York was sentenced to one year of probation, a $12,000 fine and 200 hours of community service. He had faced the ... (read more)