4 men arrested over JPMorgan Chase hacking allegations

4 arrested jpmorgan chase hacking allegations shutterstock 178270619
Four men, two in Florida and two in Israel, have reportedly been arrested for the JPMorgan Chase hack, according to The New York Times and Bloomberg News, an incident which occurred in October of last year. The cyberattack put the bank accounts of 76 million households and 7 million small businesses at risk, seizing gigabytes worth of data.

Diego Rodriguez, the United States attorney for the Southern District of New York, disclosed that the men were officially charged with running an unlicensed Bitcoin exchange, titled Coin.Mx. Meanwhile, their criminal charges neglect to mention JPMorgan Chase whatsoever.

While it’s not yet clear how the four suspects were linked in the case, the two Israeli men, Gery Shalon and Ziv Orenstein, were arrested in their native country, while the Florida men were charged in the U.S. on Tuesday.

As reported by federal prosecutors, the pair in Florida, revealed to be Anthony Murgio and Yuri Lebedev, are formally accused of operating Coin.Mx while “knowingly [exchanging] cash for people whom they believed may be engaging in criminal activity.”

Amidst numerous other violations, Coin.Mx has been accused of amassing bitcoins used to purchase ransomware, an increasingly popular type of malware threatening to brick devices in exchange for ransom money. Additionally, the two men allegedly used a fictitious organization known as Collectible Club to gain “beneficial control” over a small credit union based in New Jersey. As the offenders used the organization to process electronic bank payments, prosecutors refer to it as a “captive bank.”

In recently exposed documents federal prosecutors wrote that Collectible Club “sought to trick the major financial institutions through which they operated into believing their unlawful BitCoin exchange business was simply a members-only association of individuals who discussed, bought, and sold collectable items, such as sports memorabilia.”

After speaking with representatives of the National Credit Union Association (NCUA), FBI Special Agent Joey DeCapu asserts in the affidavit that although “the credit union normally handled the modest banking needs of a small group of primarily low-income residents, and had little or no experience with the business of ACH processing,” it was processing over $30 million every month in ACH transactions through its Credit Union account. When the NCUA found out about this, the credit union was required to put the outrageous processing to a halt, followed by the removal of its new board members.

Murgio’s attempts at trying to cover up his criminal action were also considerably weak. Both the affidavit and criminal complaint mention that the domain name for Coin.Mx were registered under his real name, using his real email address and phone number. Likewise, a quick Google search affirms that Collectible Club, too, was linked to the name Anthony Murgio.

Smart Home

Lifx lighting products get touch controls and other new features at CES 2019

At CES 2019, Lifx announced two brand-new features: Touch controls and a fire mode that simulates the soothing light of a log fire. Both features will be rolled out in upcoming firmware updates.
Movies & TV

The best shows on Netflix, from 'Haunting of Hill House’ to ‘Norsemen’

Looking for a new show to binge? Lucky for you, we've curated a list of the best shows on Netflix, whether you're a fan of outlandish anime, dramatic period pieces, or shows that leave you questioning what lies beyond.
Home Theater

Beyerdynamic’s Lagoon ANC cans combine customization, noise cancellation

No two people hear sound the same way. This may explain why a growing trend at CES is sound-customization software. Beyerdynamic introduced it in 2017 and now it's back with a noise-cancelling version in its slick new Lagoon headphones.
Home Theater

Silicondust launches dedicated DVR storage devices for cord cutters at CES 2019

With two new storage-based products, cutting the cord using Silicondust's OTA receivers is now easier than ever. Simply plug them in -- no PC or NAS storage space needed to gain control over DVR recording of your favorite shows.

This ‘computer mouse’ sets the new size standard for portable computing

The Raspberry Pi is an amazingly capable little computer and it's small enough that it can fit just about anywhere. Even in a computer mouse — if you're willing to build a custom chassis for it.

Change your mouse cursor in Windows with these quick tips

The standard mouse cursor is boring, so change it! With this guide on how to change your mouse cursor in Windows, you can choose to use one of Microsoft's pre-installed cursors or download something a bit more extravagant.

Go hands-free in Windows 10 with speech-to-text support

Looking for the dictation, speech-to-text, and voice control options in Windows 10? Here's how to set up Speech Recognition in Windows 10 and use it to go hands-free in a variety of different tasks and applications within Windows.

Printing to PDF in Windows is easy, no matter which method you use

Microsoft's latest operating system makes it easier than ever to print to PDF in Windows, but there are alternative methods for doing so, even if you want to forgo Adobe Acrobat. Here's how.

Changing a PDF into an EPUB file is easier than you might think

If you like to read on a tablet or ebook reader, you'll find that ePUB files offer a number of advantages over PDFs. With this guide, we'll show you how to convert a PDF to EPUB in a few quick steps.

Need to combine a PDF? Here's how to get it done on both Windows and Mac

Sometimes juggling multiple files at once is more of a hassle than a convenience, especially when a single file would do. This quick guide will teach you how to combine PDF files on Windows, MacOS, or with online tools.

Don’t even bother with the rest. Here are the only laptop brands that matter

If you want to buy your next laptop based around a specific brand, it helps to know which the best brands of laptops are. This list will give you a good grounding in the most reliable, quality laptop manufacturers today.

Secure your Excel documents with a password by following these quick steps

Excel documents are used by people and businesses all over the world. Given how often they contain sensitive information, it makes sense to keep them from the wrong eyes. Thankfully, it's easy to secure them with a password.

Style up your MacBook Air with one of these great cases or sleeves

Whether you’re looking for added protection or a stylish flourish, you’re in the right place for the best MacBook Air cases. We have form-hugging cases, luxurious covers and padded sleeves priced from $10 to $130. Happy shopping!

Getting Windows 10 updated doesn't have to be so painful

Windows update not working? It's a more common problem than you might think. Fortunately, there are a few steps you can take to troubleshoot it and in this guide we'll break them down for you step by step.