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A Florida teenager is in jail for pulling the notorious “Bit-Con” hack that took over high-level blue checkmark accounts and was designed to steal money via Bitcoin. Cops allege the 17 year old was able to collect $100,000 in Bitcoin while the hack operation was being conducted.
The hacker was able to gain control of accounts ranging from Bill Gates and Obama to Elon Musk’s account. You might remember blue checkmarks holding on for dear life thinking they were next.
The charges for “Bit-Con” teen: one count of organized fraud, 17 counts of communications fraud, one count of fraudulent use of personal information with over $100,000 or 30 or more victims, 10 counts of fraudulent use of personal information and one count of access to computer or electronic device without authority, according to WFLA.
Here’s the press release from the Hillsborough State Attorney’s Office:
Tampa, FL (July 31, 2020) — Hillsborough State Attorney Andrew Warren has filed 30 felony charges against a Tampa resident for scamming people across America, perpetrating the “Bit-Con” hack of prominent Twitter accounts including Bill Gates, Barack Obama, and Elon Musk on July 15, 2020.
The Federal Bureau of Investigation and the U.S. Department of Justice conducted a complex nationwide investigation, locating and apprehending the suspect in Hillsborough County.
“These crimes were perpetrated using the names of famous people and celebrities, but they’re not the primary victims here. This ‘Bit-Con’ was designed to steal money from regular Americans from all over the country, including here in Florida. This massive fraud was orchestrated right here in our backyard, and we will not stand for that,” State Attorney Warren said.
The investigation revealed REDACTED, 17, was the mastermind of the recent hack of Twitter. He was arrested in Tampa early on July 31. REDACTED’s scheme to defraud stole the identities of prominent people, posted messages in their names directing victims to send Bitcoin to accounts associated with REDACTED, and reaped more than $100,000 in Bitcoin in just one day. As a cryptocurrency, Bitcoin is difficult to track and recover if stolen in a scam.
“I want to congratulate our federal law enforcement partners—the US Attorney’s Office for the Northern District of California, the FBI, the IRS, and the Secret Service—as well as the Florida Department of Law enforcement. They worked quickly to investigate and identify the perpetrator of a sophisticated and extensive fraud,” State Attorney Warren said.
“This defendant lives here in Tampa, he committed the crime here, and he’ll be prosecuted here,” Warren added. The Hillsborough State Attorney’s Office is prosecuting REDACTED because Florida law allows minors to be charged as adults in financial fraud cases such as this when appropriate. The FBI and Department of Justice will continue to partner with the office throughout the prosecution.
The specific charges REDACTED faces are:
ORGANIZED FRAUD (OVER $50,000) – 1 count
COMMUNICATIONS FRAUD (OVER $300) – 17 counts
FRAUDULENT USE OF PERSONAL INFORMATION (OVER $100,000 OR 30 OR MORE VICTIMS) – 1 count
FRAUDULENT USE OF PERSONAL INFORMATION – 10 counts
ACCESS COMPUTER OR ELECTRONIC DEVICE WITHOUT AUTHORITY (SCHEME TO DEFRAUD) – 1 count
“Working together, we will hold this defendant accountable,” Warren said. “Scamming people out of their hard-earned money is always wrong. Whether you’re taking advantage of someone in person or on the internet, trying to steal their cash or their cryptocurrency—it’s fraud, it’s illegal, and you won’t get away with it.”
We appreciate the swift actions of law enforcement in this investigation and will continue to cooperate as the case progresses. For our part, we are focused on being transparent and providing updates regularly.
For the latest, see here 👇 https://t.co/kHty8TXaly
— Twitter Comms (@TwitterComms) July 31, 2020