This March 17, the Federal Court of Manhattan pleaded guilty to Trevon Gross and Yuri Lebedev for a scheme of fraud related to the case of Coin.mx. After a witness's appearance in February delayed the trial of Gross, a New Jersey pastor, and Lebedev, a Florida software engineer, they were found guilty before Judge Alison J. Nathan last Friday, and the sentences of both were fixed for July 20, 2017.
The federal court verdict regarding the bribery scheme and fraud scheme made by the two subjects in favor of Coin.mx operations was announced by Joon H. Kim, a Prosecutor for the Southern District of New York. In order to understand the reasons that the two men were condemned, along with the evidence presented at the trial, we must recount.
Firstly, Lebedev is accused of being part of the operations of the illegal exchange platform Coin.mx since, between 2013 and 2015, Lebedev helped to operate the company together with Anthony Murgio, the founder . Lebedev and his co-conspirators are also accused of making more than $ 10 million in transactions with Bitcoin illegally perfomed through financial institutions. The latter was achieved through the scheme of the federal credit union, part of Gross. In 2014, Lebedev and Murgio gained control of Jackson's Federal Credit Union, in order to bypass the banks' scrutiny of the nature of Coin.mx's business, which was linked to the HOPE Cathedral, a savings and a federal credit cooperative in New Jersey in which Gross was a pastor.
Trevon Gross and Yuri Lebedev were found guilty of making corrupt payments to an official of a financial institution and receiving corrupt payments by an official of a financial institution, respectively, each with a maximum sentence of 30 years in prison; While obstructing the examination of the NCUA and making false statements carries a maximum sentence of five years in prison. In addition, Lebedev was also found guilty of one count of telephone fraud, one bank fraud charge and one conspiracy charge, each with a maximum sentence of 30 years in prison.