2020 Twitter Hacker Extradited to US, Pleads Guilty to Wire Fraud

Joseph James O’Connor, or PlugwalkJoe, has been charged with stealing over $794,000 worth of crypto

article-image

TY Lim/Shutterstock modified by Blockworks

share

One of the people involved in the 2020 Twitter hack that targeted President Obama, Elon Musk, and other high profile accounts has been extradited from the UK to the US. He pleaded guilty to wire fraud and money laundering, among other charges.

The Southern District of New York is accusing Joseph James O’Connor, whose handle was “PlugwalkJoe,” of stealing and laundering approximately $794,000 worth of cryptocurrency from an unnamed Manhattan-based crypto company. 

This scheme, which involved a SIM card swap hack of one of the company’s executives, took place between approximately March 2019 and May 2019, according to a Justice Department press release. After that, O’Connor and his co-conspirators initiated dozens of transfers to launder the stolen crypto, which included approximately 770 bitcoin cash (BCH), 6,363 litecoin (LTC), 407 ether (ETH) and 7 bitcoin (BTC), according to the November 2021 indictment

Following the theft of the funds, the next phase of the scam was to gain access to various high profile Twitter accounts. According to prosecutors, O’Connor and some of his co-conspirators took control of accounts themselves and tried to defraud other Twitter users.

These allegations seem to line up with the many fraudulent bitcoin scam tweets that popped up on the platform on July 15, 2020.

Then-presidential candidate Joe Biden was targeted, his account dubiously tweeting, “I am giving back to the community. All Bitcoin sent to the address below will be sent back doubled! If you send $1,000, I will send back $2,000. Only doing this for 30 minutes.”

Apple, CashApp, Kim Kardashian and other accounts with huge followings sent out similar tweets promising an easy pay day if users sent their bitcoin to the listed wallet address. 

Industry players in the crypto space were targeted as well in the July 15 hack, CoinTelegraph reported. At the time, Binance CEO Changpeng Zhao told users not to click on a trap link on Binance’s main Twitter account. Gemini, Coinbase, CoinDesk, Kucoin and @Bitcoin were also compromised. 

O’Connor is set to be sentenced on June 23 and, with his guilty plea, he agreed to forfeit the entire sum of money that was stolen. 

The district attorney’s office for the Southern District of New York didn’t immediately return a request for comment.


Don’t miss the next big story – join our free daily newsletter.

Tags

Upcoming Events

Hilton Metropole | 225 Edgware Rd, London

Mon - Wed, March 18 - 20, 2024

Crypto’s premier institutional conference returns to London in March 2024. The DAS: London Experience: Attend expert-led panel discussions and fireside chats Hear the latest developments regarding the crypto and digital asset regulatory environment directly from policymakers and experts.

Salt Lake City, UT

WED - FRI, OCTOBER 9 - 11, 2024

Pack your bags, anon — we’re heading west! Join us in the beautiful Salt Lake City for the third installment of Permissionless. Come for the alpha, stay for the fresh air. Permissionless III promises unforgettable panels, killer networking opportunities, and mountains […]

recent research

Research report - cover graphics (1).jpg

Research

In this report, we dive into crypto private market data to gather insights on where the future of the industry is headed. Despite a notable downturn in private raises, capital continues to infuse promising projects that aim to transform payments, banking, consumer experiences, community, and more, with 2023 being the fourth-largest year for crypto venture capital.

article-image

Revolut said that the standalone crypto exchange is currently “invite only”

article-image

The stock price jump comes after Coinbase reported ending its seven-quarter run of net losses during the fourth quarter

article-image

BUZZ holds shares of Coinbase, Robinhood and MicroStrategy

article-image

Opinion: Even though I didn’t pay for my “Diamond Hands” burger with BTC, don’t let that fool you into thinking that crypto’s development is futile

article-image

The results mark “a major positive inflection point,” one analyst says, as the exchange carries net income momentum into a crypto rally

article-image

While the slate of 10 US spot bitcoin funds have tallied $4.6 billion of net inflows thus far, half of the field is lagging the leaders