After a week of deliberations, the most recent Coin.mx trial has come to a close, said Reuters. New Jersey pastor Trevon Gross and programmer Yuri Lebedev were convicted of conspiracy and bribery charges. Additionally, Lebedev was convicted of wire fraud and bank fraud. Lebedev and...
Bitcoin prices rose relatively steadily this past week, overcoming investor skittishness seen the week prior when Chinese regulators doubled down on bitcoin exchange investigations. While bitcoin’s value hasn’t fully recovered from the fall on Feb. 9 and skirted around the $1,000 mark for much of...
A lawsuit launched from an inquiry into a bitcoin exchange and a breach of data at JPMorgan was expected to kick off on Monday (Feb. 13). According to a report by Reuters, jury selection for the case of Yuri Lebedev, the alleged mastermind of bitcoin exchange...
October 23, 2017
A software engineer from Florida was slapped with a 16-month prison term late last week after a court found him guilty of scamming to aid an illegal bitcoin exchange. According a Reuters news report, U.S. District Judge Alison Nathan in Manhattan sentenced Yuri Lebedev for helping the exchange conceal its activities from regulators and banks. […]
March 20, 2017
After a week of deliberations, the most recent Coin.mx trial has come to a close, said Reuters. New Jersey pastor Trevon Gross and programmer Yuri Lebedev were convicted of conspiracy...
February 17, 2017
Bitcoin prices rose relatively steadily this past week, overcoming investor skittishness seen the week prior when Chinese regulators doubled down on bitcoin exchange investigations. While bitcoin’s value hasn’t fully recovered...
February 14, 2017
A lawsuit launched from an inquiry into a bitcoin exchange and a breach of data at JPMorgan was expected to kick off on Monday (Feb. 13). According to a report...
