Bitcoin Exchange Employee To Face Charges in JPMorgan Hacking Case

[kreslik.news]

Florida resident Ricardo Hill has pleaded guilty to charges which arose from his employment with an unlicensed Israeli-owned bitcoin exchange called Coin.mx which oversaw a massive scheme to hack companies including JPMorgan Chase, according to a Reuters report.

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Hill pleaded guilty on seven counts, including conspiracy to operate an unlicensed money transmitting business, wire fraud and bank fraud. He is one of nine people to face charges following an investigation connected to a data breach that JPMorgan disclosed in 2014 involving ... (read more)