Illegal Bitcoin Traders Bribed Credit Union Exec, Feds Say

Law360, New York (March 3, 2016, 8:16 PM ET) -- Federal prosecutors claim that a New Jersey pastor who led a credit union took bribes from illegal bitcoin exchange operators who were also linked to the hack on JPMorgan Chase & Co., according to charges in New York court unsealed on Thursday.

Trevon Gross, head pastor at Hope Cathedral and chairman at Helping Other People Excel Federal Credit Union, faces up to 30 years behind bars for allegedly taking $150,000 in bribes to conduct transactions for Coin.mx. Prosecutors have previously accused Gery Shalon of running the...
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