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All told, he faced a maximum time behind bars of 124 years associated with his guilty plea on ten counts of bank fraud and one count of identity theft.
When he was a active member of LulzSec, the group hacked into sites belonging to the CIA, Serious Organised Crime Agency, Sony Pictures Europe and News International.
"It's widely believed that Monsegur will receive a reduced sentence for signing a plea agreement and serving as an informant" cnet said.
Monsegur, an unemployed father of two, led the loosely organized group of hackers from his apartment in a public housing project in New York.