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The operator of the former Bitcoin Exchange Coin.mx received 16 months in prison


One of the operators of the now defunct bitkoin exchange Coin.mx was sentenced to 16 months in prison. According to Reuters, the Ukrainian software engineer Yuri Lebedev, who lives in Florida, was found guilty of assisting in the management of an unlicensed bitcoin exchange. From the time of his arrest to the verdict handed down by District Judge Alison Nathan, more than two years have passed. Initially, he was arrested and charged with violating laws on money laundering. Pastor Trevon Gross, like Lebedev, was found guilty in March, although in the case of Gross he was charged with bribery in connection with the recently closed credit union in New Jersey, which was allegedly used to transfer funds from Coin.mx abroad.

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