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A 17-year-old accused of mastering bitcoin fraud



A 17-year-old man in Tampa, Florida, has been accused of taking over Elon Musk, Bill Gates, Barack Obama and numerous celebrity Twitter accounts to trick people into sending him bitcoin.

The teenager, whose name and photo were not released by CNBC because he was a minor, was arrested and charged, Hillsborough Attorney General Andrew Warren said on Friday.

“These crimes were committed with the help of the names of famous people and celebrities, but they are not the main victims here,”

; Warren said in a statement. “This Bit-Con was created to steal money from ordinary Americans across the country, including here in Florida. This large-scale scam was organized right here in our backyard, and we will not stand for it.”

Warren’s office has filed 30 charges against the 17-year-old. The charges include organized fraud, communications fraud, fraudulent use of personal information and access to a computer or electronic device without permission. The fraudulent teenager won over $ 100,000 worth of bitcoin on July 15, according to Warren’s office.

Twitter released its latest update to the attack on Thursday night.

“Social engineering, which took place on July 15, 2020, targeted a small number of employees through a phishing attack with a telephone copy,” a blog post said on Twitter. as specific powers of employees who give them access to our internal support tools. Not all employees who were initially targeted had permissions to use account management tools, but attackers used their credentials to gain access to our internal systems and to obtain information about our processes.

Twitter admitted the charges and arrest on Friday.

“We appreciate the swift action of law enforcement during this investigation and will continue to cooperate with the progress of the case,” Twitter said on Twitter. “For our part, we are focused on transparency and regular updates.”




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