Multiple Arrests In Complex JPMorgan Hack Case

Four people have been arrested in Israel and Florida relating to a securities fraud scheme connected to the hacks of JPMorgan Chase & Co. and other financial institutions last year.

Law enforcement authorities in Israel arrested two men charged in the U.S. with running a multi-million dollar stock fraud scheme. However, a third suspect remains at large in Russia. In a related case in Florida, U.S. law enforcement arrested two men for operating an unlicensed bitcoin money-transfer business.

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