Federal Court Requires A Prospective Hacker To Pay A Bail In Cryptocurrency

The defendants in federal court cases of the United States now have another option to remain on bail: to empty their virtual wallets. The District Court in San Francisco ordered the alleged hacker Martin Marsich to make a deposit in any cryptocurrency in the amount of $ 750,000. It is unclear whether this is the first instance of an American court accepting a digital currency for bail, however, it is probably a novelty on the federal level.

To some extent, a variant of the cryptocurrency may have been necessary. On August 8, the police arrested a 25-year-old Marsich, a resident of Italy, accused of hacking the gaming giant EA to access accounts while he was at the San Francisco International Airport.

Before the trial, Marsich appeared this Thursday. Judge Jacqueline Corley read the indictment, and then agreed to release him on bail.

The prosecutor of San Mateo County, California, Steve Wagstaff said that he had not heard of the defendants being released on bail in the cryptocurrency. He is positive about the changes. Wagstaff believes that in his district is unlikely to accept digital money. There still prefer cash and checks. Bitcoin and other formats of cryptocurrency are still quite volatile.

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