Coin.mx Operators also JP Morgan Chase Hackers?
The New York Times reports that Anthony R. Murgio and Yuri Lebedev, along with three others, one of whom has been charged but not arrested, were most likely behind the JP Morgan hack that compromised over 70 million client records. The man who is still at large is named Joshua Aaron Samuel, and he is an American who splits his time between the US and Israel. The two from Israel who have been arrested are named Gery Shalon and Ziv Orenstein. Their activities were apparently unrelated to Coin.mx. LinkedIn. Sources familiar with the case told the New York Times that the five men intended to....
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A possible cryptocurrency scam is using JPMorgan & Chase's branding - and the bank isn't happy about it. In a message posted to its Chinese-language website, JPMorgan disavowed any relationship with the so-called "JPMCoin" or "Morgan Dollars", a virtual currency currently being pitched via Chinese social media platforms. The bank said in the statement: "JPM Coin is not a product of JPMorgan Chase nor of any of its affiliates in China or elsewhere. JPMorgan Chase has not authorised any virtual currency (of this type or similar in any way). JPMorgan Chase has not authorized references to....
Anthony Murgio, a Florida man charged with operating an illegal bitcoin exchange owned by the ringleader of a group of hackers that are accused of stealing millions of dollars from major banks, pleaded not guilty to money laundering in a Manhattan court room Tuesday, according to Bloomberg. Murgio also pleaded not guilty to running an illegal bitcoin exchange, wire fraud and conspiracy. U. S. District Judge Alison Nathan set an Oct. 31 trial date for Murgio, who remains free on bond. Also read: Coin.mx operators also JP Morgan Chase hackers? Coin.mx Connection To Massive Bank Hack. Anthony....
According to Business Insider, the recent filing is a renewal of a patent first filed in 1999, so this isn't actually a new creation by JP Morgan Chase at all. JP Morgan Chase is building its own digital currency for use with digital 'wallets', it has been reported. The banking giant filed a patent application relating to a "method and system for processing internet payments using the electronic funds transfer network". Let's Talk Bitcoin claimed the patent application was actually filed on 5th August, and published 28th November. The application's abstract says: "Embodiments of the....
Via his Twitter account, co-founder and CEO of Compass Mining, a company that offers Bitcoin mining host services and hardware, Whit Gibbs reported that U.S. bank JP Morgan Chase closed their accounts. At the time of writing, the financial institution hasn’t provided a reason that justifies the decision. Following the incident with Chase bank, Gibbs […]
American multinational banking and financial services holding company JP Morgan Chase & Co. has announced the launch of its own version of a mobile payment system, Chase Pay, which will allow users to pay major retailers and merchants in the U.S, including the country’s largest retailers Walmart and Best Buy. As a rival platform, the bank’s mobile payment network is set to challenge Apple Pay in various strategies. For example, since its launch a year ago, Apple Pay failed to convince major retailers including Walmart and Best Buy to accept payments through its technology. In fact,....