A man accused of running a bitcoin exchange that laundered money for hackers and who has been linked to a cyber-attack on JPMorgan Chase & Co. in an FBI memo, is in plea discussions with U.S. prosecutors who last week sought a 30-day extension on his case.
Anthony Murgio’s lawyer and prosecutors “have had discussion regarding a possible disposition of the case,” Assistant U.S. Attorney Eun Young Choi told U.S. Magistrate Judge Frank Maas in a Sept. 9 request to adjourn the case until Oct. 9.
Murgio, 31, was charged in July with a second man, Yuri Lebedev, 37, accused of operating an illegal bitcoin exchange named Coin.mx. Murgio has been linked to a group in Russia and Israel being investigated by the Federal Bureau of Investigation for theft of customer data from JPMorgan, according to a Sept. 9 FBI memo.
Murgio and a college fraternity brother were linked to a hack last year of JPMorgan, according to an October FBI memo reviewed by Bloomberg News. The cyberattack compromised personal data of 83 million bank customers over three months. The charges against Murgio and Lebedev filed by the U.S. don’t involve that incident.
In addition to violating federal anti-money laundering laws and regulations, including failing to meet reporting requirements set by the U.S. Treasury Department, Murgio and Lebedev were accused of exchanging at least $1.8 million on behalf of tens of thousands of customers from October 2013 to January 2015. Both face prison sentences as long as 20 years if convicted for money laundering.
Murgio is free on $100,000 bail.
The case is U.S. v. Murgio, 15-mj-2508, U.S. District Court, Southern District of New York (Manhattan).
For more, read this QuickTake: Cybersecurity