PRESS RELEASE: Hacker Charged 750 000$ in Cryptocurrency for Bail After Illegaly Accessed EA Accounts

US Government released document explaining recently accident when hacker Martin Marsich illegaly accessed video game company’s Electronic Arts accounts. He gained access to 25,000 accounts that allow customers to purchase items for use in video games.

Gained access to 25,000 accounts

According to the affidavit, on March 25, 2018, a video-game company headquartered in the Bay Area discovered that an individual had illegally accessed its internal computer network and granted access to parts of the company’s systems. The intruder, later identified as Marsich, gained access to 25,000 accounts that allow customers to purchase items for use in video games.

Suffered a loss of approximately $324,000

Hacker used some of the information he obtained from the computer system to obtain in-game currency, used to buy and sell in-game items. The complaint further alleges Marsich sold access to the on-line game on black-market websites. After making the discovery of the intrusion, the company allegedly closed the stolen accounts and suffered a loss of approximately $324,000 .

$750,000 in cryptocurrency for bail

Marsich was arrested at San Francisco International Airport. Magistrate Judge Corley ordered Marsich released to a half-way house on the condition that he post the equivalent of $750,000 in cryptocurrency such as bitcoin or ethereum for bail. This is one of the biggest and only few cases when cryptocurrency is asked for bail.

Read also: Nvidia Forecast Slowed Down Wall Street as Demand for Crypto Evaporates

Assistant U.S. Attorney Susan Knight is prosecuting the case with the assistance of Elise Etter. The prosecution is the result of an investigation by the Federal Bureau of Investigation.

About Electronic Arts

Electronic Arts Inc . is a global leader in digital interactive entertainment. EA develops and delivers games, content and online services for Internet-connected consoles, mobile devices and personal computers. EA has more than 300 million registered players around the world.

In fiscal year 2018, EA posted GAAP net revenue of $5.15 billion. Headquartered in Redwood City, California, EA is recognized for a portfolio of critically acclaimed, high-quality brands such as The Sims, Madden NFL, EA SPORTS FIFA, Battlefield, Need for Speed, Dragon Age and Plants vs. Zombies.

Image courtesy of  glassdoor.com

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