A Florida court has handed a teenager, Graham Ivan Clark, three years in federal prison for scamming Twitter users out of Bitcoin. Graham played an active role in the hack of Twitter accounts belonging to notable public figures and corporations.
The hack successfully took over Twitter accounts belonging to Elon Musk, Uber, Apple, the then US presidential candidate Joe Biden, Former US. President Barrack Obama and Jeff Bezos. They then solicited for Bitcoins from unsuspecting members of the public using these accounts, promising to send back double the number of coins sent by their victims.
The messages they shared across the handles of these figures read:
We are giving back to our community. We support Bitcoin and we believe you should too! All Bitcoin sent to our address below will be sent back to you doubled! Only going on for the next 30 minutes.
The teen, who was working in concert with Nima Fazeli and Mason Sheppard managed to snag a paltry sum of $117,000, despite using the verified accounts of these figures.
In the plea deal, Graham Ivan Clark pleaded guilty to financial fraud charges, in return for serving three years in a federal penitentiary. Had he refused to take the plea, he would have served a harsher and longer sentence if the prosecutors were able to successfully pin the crime on him.