Prosecutors Charge Florida Man In Bitcoin Exchange Case Linked To JPMorgan Hacking Probe

A Florida man charged with conspiring to operate an unlicensed money transmitting business has been released on a $75,000 bond following an appearance in a Manhattan court, according to Reuters. Prosecutors say the man, Ricardo Hill, 38, is the latest individual facing charges in connection with an illegal bitcoin exchange called owned by an Israeli accused of hacking JPMorgan Chase Co. and other companies.

eclined to comment.

Nine people including Hill face charges following an investigation related to a data breach that involved more than 83 million accounts. JPMorgan disclosed the breach in 2014.

The case has attracted a lot of attention because it caused a federal judge to rule on whether or not bitcoin is money. The judge ruled bitcoin is money.

A Key Role With

Hill, according to documents, was employed as a business development consultant and finance support manager for, according to prosecutors, was operated by Anthony Murgio of Florida and owned by Gery Shalon, an Israeli who authorities claim operated a massive hacking scheme against JPMorgan and other companies.

Shalon, along with another Israeli, Ziv Orenstein, and Samuel Aaron, an American, allegedly hacked into networks of a dozen firms and stole the

Read more ... source: TheBitcoinNews

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