certify
Home arrow Article arrow Article Detail

An alleged second teen mastermind behind Twitter's 'Bitcoin giveaway' hack

Profile Image

Crypto Business World Follow

INDIA

Sep, 23 2020

Sep, 23 2020

likes | comments 0

Article Image

The accused may not be the sole juvenile responsible for the huge Twitter breach on July 15. 

The Federal Bureau of Investigation (FBI) executed a search warrant against a 16-year-old Massachusetts resident. This was in connection with the massive Twitter breach. 

According to a New York Times report, on September 1, authorities raided the home of a 16-year-old boy. He may have played an equal, if not more significant role in the infamous July 15 hack. Due to this, millions of followers of high-profile Twitter accounts were falsely offered a 2-to-1 'giveaways' for any Bitcoin (BTC) sent. The investigation revealed he might have posed as a Twitter employee or contractor. This helped him to fool legitimate ones into entering their login credentials to fake websites. There, he could then capture them.

 

The teenager coordinated the Twitter attack. He did it with 17-year-old Graham Ivan Clark, the alleged mastermind. Clark was discovered through his Discord chat records. The teenager reportedly used encrypted messaging systems like Signal and Wire. This made it harder for investigators to identify him. 

The unnamed individual could be the fourth charged. This would be following an investigation by the FBI, IRS, U.S. Secret Service, and local authorities. Graham Ivan Clark was arrested on July 31 on 30 felony charges. Also, 22-year-old Florida resident NimaFazeli and 19-year-old U.K. resident Mason John Sheppard has been charged by federal prosecutors. Clark pleaded not guilty to all his misdemeanors on August 4. It included 17 counts of communications fraud, 11 counts of illegal use of personal information, one count of organized fraud over $5,000, and illegally accessing a computer or electronic device. Clark is currently in jail on $725,000 bail.

 

The investigators have not yet presented any charges for the youth for his alleged involvement in the incident. The incident resulted in Twitter users sending 12 BTC — roughly $144,000 as of this writing — to different addresses posted during the attack.

There is a risk in cryptocurrency. It can be a buyer beware market. They should take the necessary precautions to protect themselves from fraud.


Disclaimer

The information provided through the above Content is for informational purposes only. The Content is not intended to be, and does not, constitute financial advice or any other advice. You should consult with a financial professional to determine what may be best for your individual needs. We do not make any guarantee or other promise as to any results that may be obtained using our Content. To the maximum extent permitted by law, we disclaim any and all liability in the event any information, commentary, analysis, opinions, advice, and/or recommendations prove to be inaccurate, incomplete, or unreliable or result in any investment or other losses.


likes | comments 0

Profile Image

Crypto Business World

CBW - External Analyst

INDIA

Comments
Disclaimer: The information is for informational purposes only.​ This advertisement does not constitute financial advice or any other advice. You should consult with a financial professional to determine what may be best for your individual needs. None of the information and/or content available through this advertisement is intended as an offer or solicitation of an offer to buy or sell, or as a recommendation, endorsement, or sponsorship of any company, financial product, security or commodity. To the maximum extent permitted by law, we disclaim any and all liability in the event any information, commentary, analysis, opinions, advice and/or recommendations prove to be inaccurate, incomplete or unreliable or result in any investment or other losses. In Making the investment decision, investors must rely on their own examination of the issuer and the terms of the offerings, including the merits and risks involved. Investments are speculative, illiquid, and involve a high degree of risk , including the possible loss of investment.