PlugWalkJoe charged with conspiracy to raise $ 784,000

PlugWalkJoe charged with conspiracy to raise $ 784,000.

Joseph O’Connor, known in some corners of the internet as PlugWalkJoe, has been charged on a number of charges related to a May 2019 crypto exchange hack.

In the criminal system, authorities believe that O’Connor used SIM swapping attacks (a phishing scam that redirects 2FA phone calls and text messages to a fraudster-controlled device) on three different executives of an unknown crypto company to to control them. Employment system. O’Connor then may have moved 7 BTC, 407 ETH, 6363 LTC, and 770 BCH from wallets that the company manages on behalf of their users to wallets under its own control.

The charges were brought by the US Attorney’s Office in the Southern District of New York, known for prosecuting high-profile financial crimes. The case was assigned to Judge Richard Berman and is being investigated by the FBI. In particular, has been charged with conspiracy to hack a computer, conspiracy to commit bank transfer fraud, conspiracy to launder money, and aggravated identity theft. The crime of identity theft carries a compulsory prison sentence of at least two years, served in sequence for each other sentence imposed.

O’Connor is currently fighting extradition from Spain to the United States, where he was arrested in July on charges in the Northern District of California related to the 2020 Twitter hack that allegedly took control of 130 different popular Twitter accounts attained. – including those of Barack Obama, Elon Musk, Apple and Kanye West. The culprits used these accounts to promote a cryptocurrency scam before earning around $ 110,000.