US Court Sentences Bitcoin Scammer to a few Years in Prison After Massive Twitter Hack to Promote BTC Scam

US Court Sentences Bitcoin Scammer to 3 Years in Prison After Massive Twitter Hack to Promote BTC Scam

The mastermind behind a large-scale Twitter hack to promote a bitcoin giveaway rip-off has pleaded accountable and been sentenced to three years in jail. During the hack, numerous high-profile firms, politicians, and celebrities seen their accounts taken over to promote the cryptocurrency rip-off.

  • Graham Ivan Clark, the Florida teen who hacked distinguished Twitter accounts to promote a bitcoin giveaway rip-off in July closing yr, reportedly pleaded accountable on Tuesday to all state charges in the direction of him in change for a three-year sentence in a juvenile facility. He moreover agreed to three years of probation after his sentence, the Office of the State Attorney thirteenth Judicial Circuit in Tampa launched.
  • Clark, now 18 years outdated, and his accomplices took administration of well-liked Twitter accounts belonging to corporations, politicians, and celebrities. They included the accounts of U.S. President Joe Biden, former U.S. President Barack Obama, Microsoft co-founder Bill Gates, Tesla Technoking Elon Musk, Amazon CEO Jeff Bezos, Apple, Google, and Uber.
  • Quite a variety of distinguished accounts throughout the crypto space have been moreover hacked. They included the accounts of Binance, its CEO Changpeng Zhao (CZ), Bitcoin, Bitfinex, Litecoin creator Charlie Lee, Coinbase, Gemini, Tron founder Justin Sun, Kucoin, Ripple, the Tron Foundation, and Ethereum founder Vitalik Buterin.
  • The hacker then used these accounts to promote a bitcoin giveaway scam, posting a hyperlink to a bitcoin deal with and claiming that anyone sending bitcoin to the deal with will acquire twice as so much once more. The bitcoin deal with linked to the rip-off obtained a whole of 12.90 bitcoins, which was value higher than $100K throughout the time of the assault.
  • According to Twitter, 130 individual accounts have been compromised whole via the hack. Of these, 45 accounts have been used to ship tweets. The agency further said that for as a lot as 36 of the 130 centered accounts, the hackers moreover accessed DM inboxes.
  • Clark was charged with 30 felony counts along with one rely of organized fraud, 17 counts of communications fraud, one rely of fraudulent use of personal data with higher than $100,000 or 30 or further victims, 10 counts of fraudulent use of personal data, and one rely of entry to laptop computer or digital gadget with out authority.

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Published at Thu, 18 Mar 2021 22:40:11 +0000

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