Programmer Gets 16 Months Jail Time for Bitcoin Laundering Scam

Yuri Lebedev, an immigrant from Ukraine, was sentenced to 16 months of jail for his role in a Bitcoin scam that used an illegal Bitcoin exchange, Coin.mx, for laundering money for a global hacking ring.

No matter how smart or lucky a criminal is, they usually end up facing the long arm of the law. The latest perpetrator to face justice is Yuri Lebedev, a Florida programmer who had emigrated to the US from Ukraine as an exchange student when he was 16. Now he’s being sentenced to 16 months in jail for his role in a Bitcoin scam featuring the illegal exchange, Coin.mx…

Read Full: Programmer Gets 16 Months Jail Time for Bitcoin Laundering Scam