- MANILA, Philippines (AP) – The flight crew of a Saudi Arabian Airlines plane mistakenly pressed a hijack warning button twice as it approached Manila’s airport on Tuesday, causing airport officials to mobilize security forces and isolate the jet after it landed, Philippine officials said.
- A pilot of a Saudi Arabian Airlines flight accidentally pressed a hijack alarm, triggering a major security response at Manila airport on Tuesday, authorities said.
- A Saudi Arabian Airlines plane was temporarily isolated after landing at Manila’s Ninoy Aquino International Airport on Tuesday following a false hijack alarm, airline and airport officials said.
- Fatalities among migrants attempting to cross the Mediterranean to Europe could outstrip last year’s total even though total numbers fell in the first nine months of this year, the UN said Tuesday. “
- The case is U.S. v Murgio et al, U.S. District Court, Southern District of New York, No. 15-cr-00769.
By Jonathan Stempel NEW YORK (Reuters) – Bitcoin qualifies as money, a federal judge ruled on Monday, in a decision linked to a criminal case over hacking attacks against JPMorgan Chase & Co and other companies. U.S. District Judge Alison Nathan in Manhattan rejected a bid by Anthony Murgio to dismiss
@bitcoinagile: #bitcoin is money, U.S. judge says in case tied to JPMorgan hack
By Jonathan Stempel
NEW YORK (Reuters) – Bitcoin qualifies as money, a federal judge ruled on Monday, in a decision linked to a criminal case over hacking attacks against JPMorgan Chase & Co and other companies.
U.S. District Judge Alison Nathan in Manhattan rejected a bid by Anthony Murgio to dismiss two charges related to his alleged operation of Coin.mx, which prosecutors have called an unlicensed bitcoin exchange.
Murgio had argued that bitcoin did not qualify as “funds” under the federal law prohibiting the operation of unlicensed money transmitting businesses.
But the judge, like her colleague Jed Rakoff in an unrelated 2014 case, said the virtual currency met that definition.
“Bitcoins are funds within the plain meaning of that term,” Nathan wrote. “Bitcoins can be accepted as a payment for goods and services or bought directly from an exchange with a bank account. They therefore function as pecuniary resources and are used as a medium of exchange and a means of payment.”
The decision did not address six other criminal counts that Murgio faces, Nathan wrote.
Lawyers for Murgio did not immediately respond to requests for comment.
Prosecutors last year charged Murgio over the operation of Coin.mx, and in April charged his father Michael with participating in bribery aimed at supporting it.
Authorities have said Coin.mx was owned by Gery Shalon, an Israeli man who, along with two others, was charged with running a sprawling computer hacking and fraud scheme targeting a dozen companies, including JPMorgan, and exposing personal data of more than 100 million people.
That alleged scheme generated hundreds of millions of dollars of profit through pumping up stock prices, online casinos, money laundering and other illegal activity, prosecutors have said.
Shalon has pleaded not guilty, and is being held at the Metropolitan Correctional Center in Manhattan. He hired new lawyers last month and is seeking permission to replace lawyers who joined the case in June, a Monday court filing showed.
The case is U.S. v Murgio et al, U.S. District Court, Southern District of New York, No. 15-cr-00769.
(Reporting by Jonathan Stempel in New York; Editing by David Gregorio)