Russian Hacker Pleads Guilty in Stock Market Fraud Case

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Murgio ran the Bitcoin exchange between October 2013 and July 2015 for Gery Shalon, 33, an Israeli citizen who was responsible for hacking at least nine companies, including JPMorgan Chase, E Jeff Elder, 28 September 2019. Financial institutions and a news agency were used to artificially inflate the value of a stock. This week a Russian hacker pleaded guilty in what the U.S. Department of Justice called “a massive computer hacking campaign targeting U.S. financial institutions, brokerage firms, financial news publishers, and other companies.” In the pump-and-dump case, an 11-count indictment unsealed by the Manhattan U.S. Attorney July 21 charges Gery Shalon, 31, Joshua Samuel Aaron, 31, and Ziv Orenstein, 40, with running and The men charged are Gery Shalon and Ziv Orenstein, both Israeli citizens, and Joshua Samuel Aaron, a U.S. citizen who resided in both the U.S. and Israel. securities fraud or in the bitcoin Allegedly, Anthony Murgio operated an unlawful Bitcoin exchange for Gery Shalon, the Israeli leader of an international cybercrime ring. Shalon—as well as co-conspirators Ziv Orenstein and Joshua Aaron—was indicted in 2015 for an extensive pump-and-dump scheme made possible by hacked personal information.

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