A UK man beforehand charged in the USA with involvement within the hacking of politicians’ and celebrities’ Twitter accounts was charged on Wednesday over a separate scheme ensuing within the theft of $784,000 (roughly Rs. 5.82 crore) of cryptocurrency.
US prosecutors in Manhattan stated Joseph James O’Connor, 22, and his accomplices stole Bitcoin, Ethereum, and Litecoin after gaining management of victims’ cellphone numbers by linking them to subscriber identification module playing cards, or SIM playing cards. Bitcoin price in India stood at Rs. 50.18 lakh, Ethereum price stood at Rs. 3.66 lakh, whereas Litecoin price stood at Rs. 16,200 as of November 5 at 11:57am IST.
O’Connor, also referred to as PlugwalkJoe, and his accomplices performed so-called SIM swap assaults concentrating on three executives of a Manhattan cryptocurrency firm, stole cryptocurrency from two shoppers, and laundered what they stole, prosecutors stated.
A lawyer for O’Connor couldn’t instantly be recognized. Prosecutors stated the scheme ran from March to Could 2019.
O’Connor has been awaiting doable extradition from Spain following his July 21 arrest regarding a July 2020 hacking that compromised dozens of Twitter accounts and allegedly netted greater than $118,000 (roughly Rs. 87.74 lakh) of Bitcoin.
The accounts included these of present US President Joe Biden, former President Barack Obama, Amazon’s Jeff Bezos, Warren Buffett, Bill Gates, Tesla’s Elon Musk, actuality TV star Kim Kardashian and Ye, the rapper as soon as generally known as Kanye West.
Graham Ivan Clark, the accused teenage mastermind of the Twitter hacking, pleaded guilty in March in a Florida state courtroom and agreed to serve three years in a juvenile jail.
Wednesday’s expenses in opposition to O’Connor embrace conspiracies to commit wire fraud and cash laundering, every carrying a most 20-year jail time period, in addition to aggravated identification theft and conspiracy to commit laptop hacking.
© Thomson Reuters 2021
Cryptocurrency is an unregulated digital foreign money, not a authorized tender and topic to market dangers. The data supplied within the article will not be meant to be and doesn’t represent monetary recommendation, buying and selling recommendation or some other recommendation or suggestion of any type provided or endorsed by NDTV. NDTV shall not be chargeable for any loss arising from any funding based mostly on any perceived suggestion, forecast or some other data contained within the article.