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Topic: [2017-02-13] BS: U.S. trial set over bitcoin exchange linked to JPMorgan hack (Read 447 times)

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U.S. trial set over bitcoin exchange linked to JPMorgan hack probe

http://www.business-standard.com/article/reuters/u-s-trial-set-over-bitcoin-exchange-linked-to-jpmorgan-hack-probe-117021300690_1.html

A Florida software engineer and a New Jersey pastor are expected on Monday to face trial in a case stemming from an investigation into a bitcoin exchange and a data breach at JPMorgan Chase & Co.

Jury selection is set to begin in Manhattan federal court in the case of Yuri Lebedev, who authorities call the architect of bitcoin exchange Coin.mx's electronic platform, and Trevon Gross, a pastor and ex-chairman of a now-defunct credit union.

Prosecutors contend Lebedev schemed to deceive financial institutions into processing transactions for the unlicensed Coin.mx. They say he also participated in bribing Gross to gain control over the credit union to facilitate the virtual currency business.
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