Following his March conviction on charges of conspiracy and bribery, 47-year-old pastor Trevon Gross, who initially could have faced up to 35 years in prison, received only 5 ½ from US District Court Judge Alison J. Gross received $150,000 in bribes paid to his small community church, HOPE Cathedral in Jackson, New Jersey. The bribes came from Coin.mx, the defunct bitcoin exchange used by software engineer Yuri Lebedev and exchange operator Anthony Murgio. Gross and his cohorts were ordered to pay a maximum of $194,293, jointly and severally, in restitution to the National Credit Union Administration (NCUA), which was forced to liquidate the credit union associated with his church, Helping Other People Excel (HOPE). Gross’s $150,000 bribes and the subsequent restitution order pale in comparison to the $10 million that Lebedev and Murgio laundered through their illegal, unlicensed bitcoin exchange. There, college whiz kid entrepreneur Murgio and hopeful Ukranian immigrant Lebedev whirled up a get-rich-quick scheme that processed “millions of dollars in bitcoin that had been extorted by ransomware hackers,” as previously by ETHNews.

Dagdammit Aug 3rd. She'd leered and tossed down some coin. Two hands seized the front of his tunic and whirled him around. The bribes came from Coin. Immigrant Lebedev whirled up a get-rich-quick scheme that. To a 2014 hack of JPMorgan that impacted 83.

Judge Nathan to 16 months in prison, a considerably shorter sentence than the maximum 10 years recommended by US sentencing guidelines. Murgio was sentenced to 5 ½ years – the same as Gross. Gross had given the unscrupulous pair access to HOPE’s coffers by making Lebedev a junior board member. Lebedev and Murgio were then able to disguise transactions as. The 36-year-old HOPE credit union, founded to help low-income families, was driven into the ground,.

“Gross and Lebedev’s illegal actions brought about the demise of a once healthy credit union,” the NCUA board said. “The demise of this credit union affected approximately 110 credit union members causing innumerable hardships.” Coin.mx was owned by Russian-born Israeli citizen Gary Shalon, the sha dowy figure connected to a 2014 hack of JPMorgan that impacted 83 million customers in one of the largest thefts of customer data from a US financial institution.

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