Suspected 17-year-old Twitter hacker has 300 bitcoins (currently worth about $3.35 million:

By Ritwik

The alleged mastermind behind the 15th July Twitter accounts hack of business titans, celebrities and a former president didn’t need sophisticated hacking tools to pierce the company’s security system. Instead, he persuaded an information technology employee at Twitter that he was a colleague who needed login authorisations to access the company’s customer support platform, according to law enforcement officials. It worked spectacularly. Graham Ivan Clark allegedly hijacked 130 Twitter accounts (45 had Tweets sent from them, direct message inboxes were in 36 of the accounts, & Twitter data was downloaded from 7 of them, the company said.) as a chunk of a cryptocurrency scam, rendering to a criminal affidavit lodged in Tampa, Florida. The accounts hacked involved those of Elon Musk, CEO Tesla, Inc., former President Barack Obama, & Chief Executive Officer Jeff Bezos Inc.

The authorities said Clark had just graduated from high school, in the present day has 30 felony charges for hacking those accounts, posting messages on their behalf and luring supplementary victims into sending him Bitcoin donations worth more than $100,000, according to law enforcement.

Graham Ivan Clark, the 17-year-old Florida man, alleged of hacking Twitter on 15th of July, has above $3 million worth of bitcoins. Clark’s attorney David Weisbrod told about the assets on Saturday in a court hearing, the Tampa Bay Times reported on Sunday. Clark has 300 bitcoins (currently worth about $3.35 million), held Weisbrod.

Prosecutors said the bitcoin must be illegitimately attained, given Clark’s “conduct,” mentioning to the hack of Twitter. Weisbrod refused to that claim, stating that Clark was the subject for a criminal investigation last year & at the time prosecutors seized about $15,000 in cash and 400 bitcoins from Clark.

Prosecutors declined to charge Clark at the time, held Weisbrod & returned him the cash and 300 bitcoins. Weisbrod claimed that it clears that bitcoin been legitimate.

“I can think of no greater indication of legitimacy than law enforcement giving the money back,”

held Weisbrod. It is unclear why prosecutors returned only 300 bitcoins, and not all 400 bitcoins when they supposedly refused to charge Clark then.

Prosecutors in Saturday’s hearing set $725,000 bail for Clark, 6 times what he is accused of stealing through the Twitter hack. Clark was arrested on the 31st of July and is fronting 30 felony charges to promote a Bitcoin giveaway hacking scam that involved hacking popular Twitter accounts. Prosecutors mentioned him as the “mastermind” behind the hack.

Two other individuals 19-year-old U.K. resident Mason Sheppard and 22-year-old Florida resident Nima Fazeli have also been charged for their suspected contribution in the hack. They are facing federal charges since they are adults, while Clark is facing state charges being a juvenile. Under Florida law, prosecutors would reportedly take 10% of the bail set Saturday, i.e. $72,500, to free Clark pending trial.

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