UK Citizen Sentenced to Multiple Years in Prison for Stealing $794,000 in Crypto During 2020 Twitter Hack - The Daily Hodl

The Daily Hodl
The Daily Hodl

27 Jun 2023 6:45 PM

A UK citizen was recently sentenced to five years in prison in the US for committing a slew of cybercrimes, including stealing $794,000 worth of digital assets at the time from a Manhattan-based crypto firm....

  • Joseph James O'Connor, a UK citizen, was sentenced to five years in prison in the US for cybercrimes, including stealing $794,000 worth of digital assets from a Manhattan-based crypto firm.
  • O'Connor and his co-conspirators executed a SIM swap attack by targeting the executives of the unnamed crypto firm and laundered the stolen proceeds.
  • O'Connor is also implicated in the high-profile Twitter hack that promoted a Bitcoin giveaway scam and profited 11.3 BTC, currently worth around $344,152.
  • Additionally, O'Connor stalked and threatened a victim under the age of 18 in a "swatting attack" and called up and threatened to kill multiple members of the victim's family.

Negative

Go to publisher site

You May Ask

Who is Joseph James O'Connor and what was he sentenced for?What is a SIM swap attack and how did O'Connor and his co-conspirators execute it?What is the high-profile Twitter hack that O'Connor is implicated in and how much did the perpetrators profit from it?What is a "swatting attack" and how did O'Connor use it to stalk and threaten a victim under the age of 18?What are the consequences of O'Connor's actions and what message does it send to other cybercriminals?

Suggested Reads