Cybersecurity

JPMorgan Hack Case Nets Dad Accused in Bitcoin Bribery Plot

  • A new indictment is unsealed in global hacking conspiracy
  • Prosecutors say another defendant is arrested in Florida
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Federal prosecutors broadened a case linked to what the U.S. called a multiyear criminal enterprise centering on hacks of publishing and financial firms including JPMorgan Chase & Co., according to court records in Manhattan.

The government said in November that hackers and conspirators in more than a dozen countries generated hundreds of millions of dollars in illicit proceeds on pump-and-dump stock schemes and online gambling. They tied three of four suspects to previously reported hacks of JPMorgan, E*Trade Financial Corp., Scottrade Financial Services Inc. and Dow Jones & Co., a unit of News Corp.