United States: U.S. to secure guilty plea in case tied to JPMorgan hack probe

Author(s): Nate Raymond | Date: October 26, 2016 | Language: English
Source: http://www.reuters.com/ | URL: https://goo.gl/lNFj61 | Type: Text

U.S. prosecutors are expected to obtain their second guilty plea in a case related to what they say was an illegal bitcoin exchange owned by an Israeli behind a series of hacking attacks on organizations such as JPMorgan Chase & Co.
Prosecutors in a letter filed in Manhattan federal court said Michael Murgio of Florida will plead guilty on Thursday after being charged for participating in a scheme to pay bribes to let the bitcoin exchange’s operators gain control of a credit union.
Under a plea agreement, Murgio has agreed to plead guilty to a single count of making a false statement to the U.S. National Credit Union Administration, said Stuart Kaplan, his lawyer said on Wednesday.

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