Judge sets bail at $750 K in cryptocurrency for supposed EA hacker

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A San Francisco judge has actually set bail in cryptocurrency for a supposed hacker.

Magistrate Judge Jacqueline Corley recently set bail at $750,000 in cryptocurrency– such as bitcoin or ethereum– for a Serbian guy implicated of hacking computer game business Electronic Arts, according to the United States Attorney’s Office.

Cryptocurrency is frequently related to ransomware and criminal activities on the internet, however it’s gotten some mainstream standing as more sellers start accepting digital currencies.

This most likely isn’t the very first time a United States judge has actually permitted cryptocurrency for bail, Assistant District Attorney Abraham Simmons informed the Palo Alto DailyPost Judges can purchase “just about anything” for bail, Simmons stated, including that the point is to get an accused to appear in court.

The guy, Martin Marsich, is implicated of hacking into EA’s internal computer system network, according to an affidavit from FBI Special Agent JustinGriggs He supposedly accessed to copies of the video game FIFA 2018, in addition to to in-game currency packs, and after that used them for sale on black market websites. EA suffered a loss of around $324,000 due to the activity, according to the United States Attorney’s Office.

If founded guilty, Marsich might deal with an optimal sentence of 5 years prison time, a fine of $250,000 and monetary obligation for the hacking damage.

Judge Corley and EA didn’t instantly react to ask for remark.