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US Judge Orders Alleged Hacker to Pay Bail in Cryptocurrency

A US federal judge has ordered an alleged hacker to pay the equivalent of $750,000 in cryptocurrency for bail. The man was charged with hacking video game company Electronic Arts (EA), obtaining in-game currency used to buy and sell in-game items, and selling access to online games though black-market websites.

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Judge Orders Bail Payment in Crypto

US Judge Orders Alleged Hacker to Pay Bail in CryptocurrencyFederal Judge Jacqueline Corley has ordered a “hacker charged with illegally accessing computer network of [a] Bay Area company” to pay bail in cryptocurrency, the U.S. Department of Justice (DOJ) announced last week.

Martin Marsich, a 25-year-old Serbian and Italian national whose last known residence was in Udine, Italy, was arrested at the San Francisco International Airport on August 8 while boarding a flight to Serbia. At the federal court in San Francisco where he made his first appearance the next day, the DOJ described:

Magistrate Judge Corley ordered Marsich released to a half-way house on the condition that he post the equivalent of $750,000 in cryptocurrency for bail.

Judge Corley was frequently in the news last November for ruling in favor of the U.S. Internal Revenue Service (IRS) against Coinbase. She ordered the crypto exchange to turn over information about U.S. taxpayers who conducted crypto transactions during the years 2013 to 2015.

The Case and FBI Complaint

A Federal Bureau of Investigation (FBI) agent filed an affidavit in connection with the criminal complaint against Marsich on March 25. It states that “a video-game company headquartered in the Bay Area discovered that an individual had illegally accessed its internal computer network and granted access to parts of the company’s systems,” the Justice Department conveyed. “The intruder, later identified as Marsich, gained access

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