Crypto Thief Sentenced to 5 Years for Hacking Twitter Accounts of Celebrities, Including Elon Musk!

  • Twitter hacker O’Connor, who stole around $1 million in cryptocurrency by taking over important accounts, has been sentenced to 5 years in prison.
  • O’Connor hacked into the Twitter accounts of prominent figures such as Elon Musk, Jeff Bezos, Bill Gates, Barack Obama, Joe Biden, Kanye West, as well as major companies like Apple and Uber.
  • Using these hacked accounts, the hacker was able to publish fake messages encouraging Twitter users to send Bitcoin and successfully collect money.

Twitter hacker O’Connor sentenced to 5 years in prison for stealing around $1 million in cryptocurrency by taking over important accounts.

Twitter Hacker Sentenced to 5 Years in Prison for Cryptocurrency Theft

A notorious hacker, known by the pseudonym PlugWalkJoe and identified as O’Connor, has been sentenced to 5 years in prison for his involvement in a major cryptocurrency theft on Twitter. In 2020, O’Connor managed to take control of several important Twitter accounts, including those of prominent individuals like Elon Musk, Jeff Bezos, Bill Gates, Barack Obama, Joe Biden, Kanye West, and major companies like Apple and Uber. Using these hacked accounts, O’Connor orchestrated a scheme to defraud Twitter users by publishing fake messages that encouraged them to send Bitcoin, ultimately resulting in a theft of around $1 million in cryptocurrency.

Hacker’s Intrusion into Prominent Twitter Accounts

The hack took place in July 2020, when O’Connor successfully infiltrated the Twitter accounts of high-profile individuals and companies. This breach of security allowed him to gain control over the accounts and exploit them for his own financial gain. By posing as these influential figures and reputable companies, O’Connor was able to deceive Twitter users into believing that they were participating in legitimate cryptocurrency transactions.

Fraudulent Scheme and Financial Losses

Using the hacked accounts, O’Connor published fraudulent messages that urged Twitter users to send Bitcoin to specified addresses, promising significant returns on their investments. Unfortunately, many unsuspecting individuals fell victim to this scam and ended up losing substantial amounts of money. The total value of the stolen cryptocurrency amounted to approximately $1 million.

The severity of the crime and the significant financial losses incurred by the victims were emphasized by Judge Jed Rakoff of the Southern District of New York. In his ruling, Judge Rakoff stated that the sentence of 5 years in prison was warranted given the impact of the hack and the resulting harm suffered by individuals who fell prey to the scam.

Legal Proceedings and Future Consequences

O’Connor was arrested in Spain one year after committing the hack and has been held in custody since then. Following the legal proceedings, he has been sentenced to 5 years in prison. Having already served 28 months of his sentence, O’Connor is expected to remain incarcerated for less than 3 more years.

This case serves as a reminder of the importance of robust security measures in the digital realm, particularly in the cryptocurrency space. It highlights the vulnerability of even high-profile individuals and companies to cyberattacks and the need for constant vigilance to protect against such threats.

Don't forget to enable notifications for our Twitter account and Telegram channel to stay informed about the latest cryptocurrency news.
spot_imgspot_imgspot_imgspot_img

Latest News

Bitcoin BTC’s Roller Coaster: Plunge and Surge Amid Halving Event and Market Volatility

Explore the dramatic shifts in Bitcoin's price as it navigates through halving aftermath and potential market recoveries.

Exploring Blockchain’s Future: Insights from Gateio’s VC & Web3 Ecosystem Party at TOKEN2049

Join industry leaders from Gate.io and Huawei Cloud as they delve into the future of blockchain and Web3 technologies, following a successful gathering at TOKEN2049 in Dubai.

Bitcoin BTC’s Post-Halving Era Begins: Dominance Stabilizes as Altcoins Rally

Explore the evolving dynamics of the cryptocurrency market following Bitcoin's latest halving, which could set the stage for altcoin success.

Bitcoin Fees Skyrocket, Surpassing Ethereum – Could Ordinals Boost BTC Security?

Discover how Bitcoin fees have soared, the role of Ordinals in this trend, and the potential implications for Bitcoin's security model.

Bitcoin Halving Sparks Market Volatility: Demand Surge Meets Miner Challenges

Discover the key factors driving Bitcoin's trajectory after the halving. Get expert insights into the potential for a supply shock, the role of ETFs, and the challenges faced by miners.
spot_imgspot_imgspot_imgspot_img

PRO Analysis

Litecoin Could Be Preparing for a 20% Rise! Current LTC Analysis

Will Litecoin continue its upward trend? What should LTC investors expect? What are the targets in the current LTC analysis?

Ethereum Might Be Preparing for a Rise! Current ETH Analysis

Ethereum's daily chart has sustained a rise up to $3100 after strong buying in the $2867 - $2950 range. Current ETH Analysis

NEO Launches Uptrend to $25! Current NEO Analysis

Analyzed NEO's 3-hour chart, showing upward trend post $14.80 resistance breakthrough, eyeing $15.18 resistance; potential long positions suggested at $14.636 - $14.448 support range with a stop loss at $13.90, as NEO aims for $25 target amidst over 5% gains.

Is Litecoin Ready to Launch its Rise to $140? Current LTC Analysis

When examining LTC's technical chart, a downward trend is observed in recent days. The nearest support is at the level of 91.86 dollars. The support range between 97.61$ and 99.07$ on the 4-hour chart is significant. For long positions, the support range of 92.41$ - 91.07$ can be expected.

Bitcoin (BTC) Surges Past $70k: Could a Rally to $75k be Next?

Get expert analysis on Bitcoin's breakout above $70,000. Discover what's driving the price action, key levels to watch, and potential scenarios for BTC's near-term future.
Gideon Wolf
Gideon Wolfhttps://en.coinotag.com/
GideonWolff is a 27-year-old technical analyst and journalist with extensive experience in the cryptocurrency industry. With a focus on technical analysis and news reporting, GideonWolff provides valuable insights on market trends and potential opportunities for both investors and those interested in the world of cryptocurrency.
spot_imgspot_imgspot_imgspot_img

Bitcoin BTC’s Roller Coaster: Plunge and Surge Amid Halving Event and Market Volatility

Explore the dramatic shifts in Bitcoin's price as it navigates through halving aftermath and potential market recoveries.

Exploring Blockchain’s Future: Insights from Gateio’s VC & Web3 Ecosystem Party at TOKEN2049

Join industry leaders from Gate.io and Huawei Cloud as they delve into the future of blockchain and Web3 technologies, following a successful gathering at TOKEN2049 in Dubai.

Bitcoin BTC’s Post-Halving Era Begins: Dominance Stabilizes as Altcoins Rally

Explore the evolving dynamics of the cryptocurrency market following Bitcoin's latest halving, which could set the stage for altcoin success.