THERE WERE NEW CHARGES AGAINST THE TRADER WHO USED BITCOINS TO CONCEAL PROFITS FROM FRAUD

The court put forward new charges against the intranet trader from Philadelphia, who was previously accused of running a number of online brokerage accounts, Coindesk reports . It is assumed that this man used bitcoins to conceal the source of his income.
HACKING AND TRADING

Joseph Willner was accused at once of several crimes, including cases involving the intrusion into other people's computers and securities fraud. This month , the Securities and Exchange Commission of the United States of America (SEC) brought charges of hacking the digital brokers' accounts of the victims and conducting a series of short-selling (unrequited sales), which were supposed to bring about $ 2 million in profits. This scheme allegedly involved more than 50 trading accounts, the prosecution said.

The SEC suggested that Willner received about $ 700,000 in profits. This amount was hidden by using the crypto currency, which was sent to an unnamed partner. The SEC's case is different from the official charge brought by the Justice Department.

And about. Prosecutor Bridget Rod stated the following:

"Cybercriminals continue to come up with innovative ways to steal money from victims using the Internet, as happened in this case: allegedly the accomplices accused Willner hacked accounts of victims for fraudulent urgent sales."

If found guilty, Willner faces up to 20 years in prison.