Florida Man Gets 16 Months Over Bitcoin Bank Hacker Scheme

(Bloomberg) — A Florida software engineer was sentenced to 16 months in prison for helping run an illegal Bitcoin exchange suspected of laundering money for a group of hackers who targeted financial and publishing firms including JPMorgan Chase & Co. and Dow Jones & Co.

Yuri Lebedev, 39, helped operate Coin.mx, which tricked banks into processing bitcoin transactions by disguising them as restaurant-delivery charges and online purchases of collectible items. He was convicted in…

Read the entire article at the source link… Bloomberg

#codango #developer #development #coder #coding

We're happy to share this resource that we found. The content displayed on this page is property of it's original author and/or their organization.

 

Leave a Reply

Your email address will not be published. Required fields are marked *

*