Twitter Hacker Has 3000 Bitcoin, Says Attorney

Graham Ivan Clark, the 17-year-old ringleader behind the recent Twitter hack, reportedly has 300 Bitcoin estimated at about $3.347 million.

The lawyer representing Clark made the disclosure on Saturday at Hillsborough County Courthouse, Florida.

Clark’s bail was set at $725,000 during his first court appearance on Saturday.

The 17-year-old was arrested on Friday as authorities see Clark as the ringleader and mastermind of last month’s ‘CryptoforHealth’ Twitter hack — that attacked about 30 high profile accounts and promised to double the money of users who sent cryptocurrency.

The report shows in total about $117,000 worth of cryptocurrency was transferred to the hackers in one afternoon.

Two other accomplices were also picked and charged in California, according to the report.

Authorities had previously confiscated 400 bitcoin from Clark before returning 300 in 2019 when authorities accused him of acquiring them illegally. An accusation his attorney has argued it was legitimate because it was eventually returned.

Clark now faces 17 counts of communications fraud 11 counts of fraudulent use of personal information, as well as one count of breaking into an electronic device and another for organized fraud.

Meanwhile, Bitcoin has rebounded from Sunday low following the flash crash it suffered. The coin rebounded slightly from $10,960 to $11,157 on Monday during the New York trading session.