Two Israeli men pleaded not guilty on Thursday to charges that they broke into a dozen companies’ computer networks, including J.P. Morgan Chase & Co., to facilitate a global network of criminal activity.
And maybe it’s true! After all, one of their alleged accomplices is a totally stand-up guy, according to one of his frat bros. Plus, one of them may have been way too wrapped up in helping cyber-extortionists collect their ransom to actually be holding firms’ information hostage himself.
In a separate but related indictment, prosecutors charged four men with connections to a bitcoin exchange called Coin.mx, which was allegedly owned by Mr. Shalon. According to prosecutors, Coin.mx was used by hacking victims to pay ransoms in bitcoin to cyberthieves who had seized control of victim’s computers—an attack known as ransomware.