California Judge Orders Accused Hacker To Pay Bail In Crypto

Serbian and Italian citizens have been requested to pay bail in cryptocurrency while he faces charges that he hacked the computer system of a San Francisco game company.

As indicated by a news release from the United States Attorney’s Office, an FBI examination found that an individual later charged to be Martin Marsich, had unlawfully broken the gaming company’s system, accessing around 25,000 accounts through which clients could purchase in-game products.

And purportedly utilizing stolen data to purchase and offer in-game items, Marsich is also blamed for pitching access to the accounts on dark market sites, causing guaranteed losses of $324,000 to the organization. The firm evidently shut the affected accounts after the interruption was found, the report says.

The denounced showed up at a government court in San Francisco on Aug. 9, after allegedly being captured at San Francisco International Airport while attempting to get onto a trip to Serbia.
At the hearing, Magistrate Judge Corley said Marsich could be released to a halfway house if he hands over a bail of cryptocurrency to the estimation of $750,000.

As indicated by a report from The Daily Post, Assistant District Attorney Abraham Simmons said it was likely not the first run through cryptocurrency had been permitted to be set up for bail, since judges can acknowledge different assets, for example, real estate.

Simmons was cited as saying:

“It really is quite broad. The judge could order just about anything. What the objective is is to get the defendant to comply with an order to appear later.”

Marsich faces a maximum sentence of five years’ imprisonment and a fine of $250,000 if found guilty, the Attorney’s Office says.