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JPMorgan-Hack-Linked Bitcoin Operator’s Dad to Plead Guilty

  • Michael Murgio scheduled to enter plea Thursday in probe
  • Bitcoin exchange allegedly used by stock-scam hackers
Bitcoins As The Digital Currency Climbed To Highest Levels Since Early November
Photographer: Chris Ratcliffe/Bloomberg
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A Florida man with ties to an illegal Bitcoin exchange that was allegedly used by hackers who targeted companies including JPMorgan Chase & Co. is scheduled to plead guilty to undisclosed charges Thursday.

U.S. prosecutors asked a judge in New York to hold a hearing for Michael Murgio, the father of the bitcoin exchange operator, Anthony Murgio. Michael Murgio’s lawyer, Stuart Kaplan, confirmed his client intends to plead guilty at the hearing.