LAS VEGAS (AP) — A Las Vegas federal judge set bail of $30,000 on Friday for a celebrated young British cybersecurity researcher accused by U.S. prosecutors of creating and distributing malicious software designed to steal banking passwords.
The attorney for Marcus Hutchins, who has broad support in the information-security community, said the 23-year-old hacker would contest the charges. She said he would not be released until Monday because there wasn’t enough time to post bail after Friday’s afternoon ruling.
Hutchins is due in federal court in Milwaukee on Tuesday.
Much of the cybersecurity community rallied around Hutchins after his arrest Wednesday, calling him a principled, ethical hacker.
The conditions of his release came as a relief for his supporters.
“This is excellent news,” said Nicholas Weaver, a computer scientist at the University of California at Berkeley. “The indictment is remarkably shallow even by indictment standards, which is disappointing because it adds considerable uncertainty and fosters distrust with the general security community.”
Las Vegas-based attorney Adrian Lobo said money for Hutchins’ bond would come from a variety of supporters and family in the U.S. and abroad. The Electronic Frontier Foundation, a digital leading civil liberties non-profit, said it helped arrange Hutchins counsel and was working…
click here to read more.