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1/10/2017
09:20 AM
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JPMorgan Hack: Bitcoin Operator Pleads Guilty

Anthony Murgio of Florida, held on charges of conspiring to run bitcoin exchange operations for the arrested suspects, enters a plea agreement.

Another suspect in the JPMorgan hack case, who was arrested on the charge of running an illegal bitcoin exchange operation, has pleaded guilty one month ahead of trial. Reuters reports that Anthony Murgio of Florida entered his plea in federal court to charges including conspiracy to operate an unlicensed money transmitting business, and conspiracy to commit bank fraud.

According to US prosecutors, Murgio operated Coin.mx from 2013 to 2015 as a support system for Gery Shalon, Joshua Aaron, and Ziv Orenstein. The three carried out cyberattacks on companies, stole important data, and used it to push up stock prices, among other things. They allegedly hacked JPMorgan, which led to the compromise of around 100 million accounts.

A total of nine people, including Murgio's father, have been charged in this case.

Murgio will not appeal any prison sentence of 12.5 years or less. Sentencing is scheduled for June 16.

Click here to read more.

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