man teen has done it again! A 17 year old teen from Tampa (Florida) has been arrested in relation to the ominous July 15th Twitter hack.
FBI and U.S. DOJ determine the culprit
According to multiple reports from local news, Graham Ivan Clark, 17, has been arrested on Friday morning. The arrest came after the FBI and U.S. Department of Justice determined he was behinf the July 15 Twitter Hack.
On July 15th, the hacker had access to multiple influential accounts, among which Bill Gates, Barack Obama, Elon Musk, and others. The Twitter hacker solicited Bitcoin from their followers, under the pretense of paying it back double:
“Feeling grateful doubling all payments sent to my BTC address! You send $1,000, I send back $2,000! Only doing this for the next 30 minutes”.
Overall, the teen made more than $100,000 in Bitcoin from the hack until the accounts were restored to their owners.
“I want to congratulate our federal law enforcement partners—the U.S. Attorney’s Office for the Northern District of California, the FBI, the IRS, and the Secret Service—as well as the Florida Department of Law enforcement. They worked quickly to investigate and identify the perpetrator of a sophisticated and extensive fraud”Andrew Warren, state attorney for the Thirteenth Judicial Circuit in Hillsborough County
Under Florida law, teenagers can be prosecuted as adults for financial fraud crimes.
The July 15 Twitter hack aftermath
During the Twitter hack, multiple influential accounts were targeted. This included companies like Uber and Apple. Besides Bill Gates, Obama and Elon Musk, the Bitcoin related hack also affected Jeff Bezos, Warren Buffet, Mike Bloomberg, Kanye West, Floyd Mayweather, etc… Twitter responded by blocking all verified accounts until the situation was back under control.
According to a Twitter blog post, the hacker solicited the Bitcoins after gaining access to over 130 accounts by targeting Twitter Employees in a so called “Phone spear phishing attack”. The matter has since been resolved and verified accounts were allowed to post again the following day.
Instant Crypto Credit Lines™ from only 5.9% APR. Earn up to 8% interest per year on your Stablecoins, USD, EUR & GBP. $100 million custodial insurance.
This post may contain promotional links that help us fund the site. When you click on the links, we receive a commission - but the prices do not change for you! :)
Disclaimer: The authors of this website may have invested in crypto currencies themselves. They are not financial advisors and only express their opinions. Anyone considering investing in crypto currencies should be well informed about these high-risk assets.
Trading with financial products, especially with CFDs involves a high level of risk and is therefore not suitable for security-conscious investors. CFDs are complex instruments and carry a high risk of losing money quickly through leverage. Be aware that most private Investors lose money, if they decide to trade CFDs. Any type of trading and speculation in financial products that can produce an unusually high return is also associated with increased risk to lose money. Note that past gains are no guarantee of positive results in the future.
You might also like
More from Bitcoin News
The New York State Department of Financial Services (DFS) has approved 10 cryptocurrencies for custody services and listing by banks. https://cryptoticker.io/en/coinbase-adding-19-new-coins/ New York Regulator’s …