Florida Bitcoin Processing Boss Gets Over 5 Years in Prison

RT bitcoinagile

  • NEW YORK — A Florida man has been sentenced to 5 1/2 years in prison by a New York judge who says he used a “pyramid of lies” to boost a business that helped criminals process illegal bitcoin transactions.
  • Tampa resident Anthony Murgio pleaded guilty earlier this year and was sentenced Tuesday.
  • Murgio cried while apologizing for involving friends and family, including his father.
  • His father is a former Palm Beach County, Florida, school board member who also pleaded guilty in the scheme.
  • Prosecutors say Murgio processed more than $10 million in illegal bitcoin transactions from April 2013 through July 2015.

A Florida man has been sentenced to 5 1/2 years in prison by a New York judge who says he used a
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FinTech, WealthTech, Blockchain, Innovation

  • Managers in financial institutions and investors in FinTech and innovations often lack the time to search for innovative companies.
  • Our target audience are therefore managers and experts who are looking for innovative solutions and investors who are interested in investing in innovative solutions and companies.
  • As we are going to introduce a number of local start-up companies, the intention is to support these companies in getting the attention that will help their business to continue to develop.
  • As technologies are growing fast, a conference focused on innovations in technology for banking and finance deserves a fast process in order that the topics remain up-to-date.
  • Furthermore, we will introduce a number of other innovative solutions and 10 local start-up companies.

The conference takes place at the Park Hyatt hotel in Zurich on the 29th of June 2016, starting at 2pm and ending at 7:30pm. Managers in financial institutions and investors in FinTech and innovations often lack the time to search for innovative companies.
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Iceland to end capital controls from 2008 financial crisis

  • Image caption Iceland’s economy has benefited from a tourism boomIceland will lift all capital controls on its citizens, businesses and pension funds from Tuesday.Capital controls, such as those to restrict money flowing in and out of the country, were imposed in 2008 after the country’s biggest banks collapsed.The government thinks the economy has recovered sufficiently to end controls.Controls were imposed after the collapse of the country’s three biggest banks – Glitnir, Landsbanki and Kaupthing.At the same time Iceland’s national currency, the krona, fell in value.The removal of the capital controls – which helped stabilise the currency and economy during the country’s financial crash – represents the completion of Iceland’s return to international financial markets.Travel hotspotSince the nation’s financial collapse, the economy has seen a robust recovery, helped by a boom in tourism.Last year around 1.8 million people visited the the nation, a 40% rise on 2015.
  • The UK accounted for 316,395 of last year’s visitors, behind only US citizens in visitor numbers.That tourism boom, coupled with strong investment by business and in the housing market, helped the economy grow 7.2% in 2016.
  • Image caption The decision has been made by the government and Central Bank of Iceland”Iceland’s careful, measured approach to lift capital controls was developed and approved with domestic and international support,” said Benedikt Johannesson, minister of finance and economic affairs.
  • “Capital controls were implemented in 2008, with the support of the International Monetary Fund (IMF), to shield the economy from severe depreciation.
  • For the past year, the government and Central Bank of Iceland have been lifting controls through what they say has been an “incremental, measured process that focused on protecting the currency, addressing a balance of payments problem and tempering shocks to the Icelandic economy”.

Capital controls, such as those to restrict money flowing in and out of the country, were imposed in 2008 after the country’s biggest banks collapsed.
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Bitcoin is going bananas

Why Bitcoin is going bananas

  • Lord Adair Turner: No Case for Major Deregulation in U.S. Sponsored Bloomberg Video
  • If the rate hikes happen, an even weaker yuan is most likely in the cards, creating an even more beneficial scenario for bitcoin.
  • On its first trading day of the new year, bitcoin crossed above the $1,000 mark for the first time since 2013.
  • Just 53,000 bitcoins were bought in US dollars.”
  • Suntory not considering listing U.S. unit Beam Sponsored Reuters

Bitcoin is going bananas. The cryptocurrency was 10.1% higher at $1,127.48 per coin just after…
Continue reading “Bitcoin is going bananas”

FinTech, WealthTech, Blockchain, Innovation

  • Our target audience are managers and experts who are looking for innovative solutions and investors who are interested in investing in innovative solutions and companies.
  • We will introduce a number of other innovative solutions and 10 local start-up companies.
  • As we are going to introduce a number of local start-up companies, the intention is to support these companies in getting the attention that will help their business to continue to develop.
  • The conference takes place at the Park Hyatt hotel in Zurich on the 29th of June 2016 , starting at 2pm and ending at 7:30pm .
  • As technologies are growing fast, a conference focused on innovations in technology for banking and finance deserves a fast process in order that the topics remain up-to-date.

Read the full article, click here.


@Innovationepoch: “FinTech, WealthTech, Blockchain, Innovation – Educational Conference in Zurich, Park Hyatt – Huffington Post”


The conference takes place at the Park Hyatt hotel in Zurich on the 29th of June 2016, starting at 2pm and ending at 7:30pm. Managers in financial institutions and investors in FinTech and innovations often lack the time to search for innovative companies.


FinTech, WealthTech, Blockchain, Innovation

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