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