BY NATE RAYMOND
A Florida man accused of running an unlicensed bitcoin exchange and who is among five defendants linked to last summer’s massive data breach at JPMorgan Chase & Co is in talks to resolve his criminal case, according to court papers filed Friday.
In a court filing in federal court in Manhattan, a prosecutor said Yuri Lebedev, one of two men charged with operating the bitcoin exchange service, was in discussions “regarding a possible disposition of this case.”
The filing used language that is usually indicative of plea talks, though cases in some instances can be resolved with deferred prosecution agreements or with charges being dropped.
Eun Young Choi, a prosecutor under Manhattan U.S. Attorney Preet Bharara who made the submission, said negotiations were not yet complete and sought an extension until Sept. 28 for when a grand jury would need to indict Lebedev.
“Read the Full Article at www.reuters.com >>>>”