Coin.mx Team Member Jailed for Running Illegal Bitcoin Exchange

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TheMerkle Coin.mx Lebedev JailThere is a new development in the ongoing Coin.mx court case. As most people are well aware, this particular cryptocurrency exchange operated without an official license, which prompted the US government to scrutinize all of its operators. Yuri Lebedev has been sentenced to 16 months in prison for his part in this Bitcoin exchange. It’s an interesting plot twist, to say the very least. Coin.mx Employee Faces Extended Jail Time The story of Coin.mx has been going on for quite some time now. Although the company saw initial success, it operated without an official license. At the time, there wasn’t any official Bitcoin regulation in place just yet, but

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