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HomeTech and GadgetsTwitter hacker and crypto scammer sentenced to 5 years in jail

Twitter hacker and crypto scammer sentenced to 5 years in jail

Twitter hacker and crypto scammer sentenced to 5 years in jail

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On Friday, a federal court docket to 5 years in jail for his involvement within the . Final month, the 24-year-old, generally known as PlugwalkJoe on-line, to a bunch of cyber crimes, together with finishing up a SIM-swapping assault that focused a TikTok account with tens of millions of followers. The 2020 Twitter hack noticed O’Conner and his co-perpetrators acquire entry to the corporate’s backend and subsequently the accounts of Elon Musk, Invoice Gates, Barack Obama and greater than 100 different high-profile customers. O’Conner netted $794,000 within the crypto rip-off that adopted.

"After stealing and fraudulently diverting the stolen cryptocurrency, O'Connor and his co-conspirators laundered it via dozens of transfers and transactions and exchanged a few of it for Bitcoin utilizing cryptocurrency trade providers," the Justice Division stated. "Finally, a portion of the stolen cryptocurrency was deposited right into a cryptocurrency trade account managed by O'Connor." In 2021, Graham Ivan Clark, the alleged teenage mastermind behind the breach, in return for a three-year jail sentence. Along with his five-year sentence, O’Conner additionally faces three years of supervised launch after his jail time period. He should additionally forfeit the $794,000 he defrauded through the hack.

This text initially appeared on Engadget at https://www.engadget.com/twitter-hacker-and-crypto-scammer-sentenced-to-five-years-in-prison-205649771.html?src=rss

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