Florida Man Charged In Connection With Illegal Bitcoin Exchange …

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U.S. prosecutors late last week charged a Florida man in connection with an illegal bitcoin exchange.

According to a report by Reuters, Ricardo Hill, 38, was arrested in Florida in October and charged with conspiring to operate an unlicensed money transmitting firm. Hill is linked to an illegal bitcoin exchange owned by a person in Israel that is accused of hacks on JPMorgan Chase. The report noted Hill was released on a $75,000 bond after he appeared in court.

The report noted Hill is one of nine people who are facing charges as part of the hack of JPMorgan, which the bank disclosed in 2014. The records of more than 83 million accounts were compromised in that incident. Hill was the finance support manager and a business development consultant for Coin.mx, which is a bitcoin exchange that is unlicensed. Prosecutors contend Coin.mx was operated by Anthony Murgio of Florida and owned

Read more ... source: TheBitcoinNews

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