Joseph O’Connor, a 26-year-old Briton, has made headlines again after being ordered to repay £4.1 million (approximately $5.4 million) in illegal cryptocurrency gains. O’Connor was extradited to the United States, where he is currently serving a five-year sentence for hacking more than 130 high-profile Twitter accounts, including those of celebrities like Elon Musk and Barack Obama, as well as major companies like Apple and Uber.
A very creative hack
The hack, which took place in July 2020, involved the use of social engineering techniques. O’Connor and other young people he connected with through the video game Call of Duty managed to convince Twitter employees to share their access credentials. With these credentials, the group was able to access the platform’s administrative tools and, from there, take control of the affected accounts.
Once they managed to access these accounts, O’Connor and his team promoted a classic “double your money” scheme, asking followers to send Bitcoin to digital wallets, promising that the money would be returned doubled. It is estimated that around 350 million Twitter users viewed these fraudulent posts and 426 transfers were made, which at the time totaled 12.86 Bitcoin, equivalent to about $110,000 in 2020. Currently, the value of that Bitcoin has increased to approximately $1.2 million.
The Crown Prosecution Service (CPS) of the United Kingdom has managed to recover 42 Bitcoin and other assets from O’Connor, stating that some of these assets were also obtained through other hacks. Adrian Foster from the CPS emphasized that even if someone is not convicted in the UK, measures can be taken to ensure they do not benefit from their criminality.

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