Bitcoin exchange employee pleads guilty in U.S. case tied to hacking

By Nate Raymond NEW YORK (Reuters) – A Florida man pleaded guilty on Tuesday 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. The Brandon, Florida-resident is one of nine people to face charges following an investigation connected to a data breach that JPMorgan disclosed in 2014 involving records for more than 83 million accounts. The charges against Hill stemmed from his employment as a finance support manager and business development consultant for an unlicensed bitcoin exchange called Coin.mx, according to court papers.

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