Get 40% Off
🚨 Volatile Markets? Find Hidden Gems for Serious OutperformanceFind Stocks Now

U.K. man implicated in Twitter hacking charged in NY with cryptocurrency theft

Published 11/03/2021, 01:56 PM
Updated 11/03/2021, 02:00 PM

By Jonathan Stempel

NEW YORK (Reuters) - A U.K. man previously charged in the United States with involvement in the hacking of politicians' and celebrities' Twitter (NYSE:TWTR) accounts was charged on Wednesday over a separate scheme resulting in the theft of $784,000 of cryptocurrency.

U.S. prosecutors in Manhattan said Joseph James O'Connor, 22, and his accomplices stole bitcoin, Ethereum and Litecoin after gaining control of victims' cellphone numbers by linking them to subscriber identity module cards, or SIM cards.

O'Connor, also known as PlugwalkJoe, and his accomplices conducted so-called SIM swap attacks targeting three executives of a Manhattan cryptocurrency company, stole cryptocurrency from two clients, and laundered what they stole, prosecutors said.

A lawyer for O'Connor could not immediately be identified. Prosecutors said the scheme ran from March to May 2019.

O'Connor has been awaiting possible extradition from Spain following his July 21 arrest https://www.reuters.com/world/uk/uk-citizen-arrested-spain-role-2020-twitter-hack-2021-07-21 concerning a July 2020 hacking that compromised dozens of Twitter accounts and allegedly netted more than $118,000 of bitcoin.

The accounts included those of current U.S. President Joe Biden, former President Barack Obama, Amazon.com (NASDAQ:AMZN)'s Jeff Bezos, Warren Buffett, Bill Gates, Tesla (NASDAQ:TSLA)'s Elon Musk, reality TV star Kim Kardashian and Ye, the rapper once known as Kanye West.

Graham (NYSE:GHM) Ivan Clark, the accused teenage mastermind of the Twitter hacking, pleaded guilty https://www.reuters.com/business/media-telecom/florida-teen-pleads-guilty-hacking-twitter-accounts-biden-celebrities-2021-03-17 in March in a Florida state court and agreed to serve three years in a juvenile prison.

Wednesday's charges against O'Connor include conspiracies to commit wire fraud and money laundering, each carrying a maximum 20-year prison term, as well as aggravated identity theft and conspiracy to commit computer hacking.

3rd party Ad. Not an offer or recommendation by Investing.com. See disclosure here or remove ads .

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.