Connect with us

Hi, what are you looking for?

Captain Of Success
Top Stories

Finance

Twitter hacker ordered to repay £4.1m in Bitcoin after celebrity account scam

A British man jailed in the United States for hacking the Twitter accounts of high-profile figures including Barack Obama and Jeff Bezos has been ordered to hand over £4.1 million in cryptocurrency linked to his crimes.

Joseph James O’Connor, 26, was sentenced in the US last year after admitting to his role in a sophisticated cyberattack that saw him gain access to dozens of celebrity and corporate Twitter accounts. He used the compromised profiles to promote fraudulent Bitcoin schemes, scamming victims worldwide. O’Connor also threatened several celebrities with the release of private messages and images unless they paid him in cryptocurrency.

The Crown Prosecution Service (CPS) has now secured a Civil Recovery Order to seize 42 Bitcoin — along with other digital assets — that O’Connor obtained through the scheme. The recovered cryptocurrency is worth approximately £4.1 million at today’s market value.

The CPS Proceeds of Crime Division worked closely with agencies in the United States and Spain, where O’Connor was arrested, to ensure he could not conceal or transfer the assets before the order was enforced.

Adrian Foster, Chief Crown Prosecutor for the CPS Proceeds of Crime Division, said the action demonstrates the reach of UK authorities even when offenders are convicted overseas.

“Joseph James O’Connor targeted well-known individuals and used their accounts to scam people out of their crypto assets and money,” he said. “We were able to use the full force of our powers to ensure that even when someone is not convicted in the UK, we can still prevent them from benefiting from their criminality.”

O’Connor was a central figure in the July 2020 Twitter breach, one of the platform’s most significant security failures. The attack compromised accounts belonging to political leaders, billionaires, celebrities and major brands, prompting international investigations and widespread concern over the security of social media platforms.

    You May Also Like

    Finance

    The Stephen Lawrence Day Foundation (SLDF) and the Institute of Directors (IoD) have joined forces to launch a groundbreaking scholarship programme aimed at accelerating...

    Stock Markets

    Bill grants greater investigative powers for Ombudsman – BusinessWorld Online                                    ...

    Stock Markets

    PHILIPPINE STAR/NOEL B. PABALATE PRESIDENT Ferdinand R. Marcos, Jr. said the Philippines will play a prominent role in regional trade and investment networks as...

    Stock Markets

    STOCK PHOTO | Image from Freepik A BILL mandating refunds for consumers hit by internet connectivity disruptions was filed at the House of Representatives, in...

    Disclaimer: CaptainOfSuccess.com, its managers, its employees, and assigns (collectively “The Company”) do not make any guarantee or warranty about what is advertised above. Information provided by this website is for research purposes only and should not be considered as personalized financial advice.
    The Company is not affiliated with, nor does it receive compensation from, any specific security. The Company is not registered or licensed by any governing body in any jurisdiction to give investing advice or provide investment recommendation. Any investments recommended here should be taken into consideration only after consulting with your investment advisor and after reviewing the prospectus or financial statements of the company.