Bitcoin exchange employee pleads guilty in US case tied to hacking


  • TECH
  • Wednesday, 18 Jan 2017

Last bit: The bitcoins being auctioned are the last seized in connection with the federal prosecution of Ross Ulbricht.

NEW YORK: A Florida man pleaded guilty on Jan 17 to charges stemming from his employment with an unlicensed bitcoin exchange that prosecutors say was owned by an Israeli who oversaw a massive scheme to hack companies, including JPMorgan Chase & Co.

Ricardo Hill, 38, entered his plea in Manhattan federal court to seven counts, including conspiracy to operate an unlicensed money transmitting business, wire fraud and bank fraud.

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