UK prosecutors secured a civil recovery order forcing Joseph James O’Connor to repay $5.4 million in Bitcoin linked to the 2020 Twitter hack. Authorities seized 42 BTC and other crypto assets, ensuring O’Connor cannot profit from the high-profile account breaches. British national Joseph James O’Connor has been ordered to repay £4.1 million ($5.4 million) in [...]]]>UK prosecutors secured a civil recovery order forcing Joseph James O’Connor to repay $5.4 million in Bitcoin linked to the 2020 Twitter hack. Authorities seized 42 BTC and other crypto assets, ensuring O’Connor cannot profit from the high-profile account breaches. British national Joseph James O’Connor has been ordered to repay £4.1 million ($5.4 million) in [...]]]>

UK Hacker Who Breached Obama’s Twitter Account Ordered to Repay $5.4 Million in Bitcoin

For feedback or concerns regarding this content, please contact us at crypto.news@mexc.com
  • UK prosecutors secured a civil recovery order forcing Joseph James O’Connor to repay $5.4 million in Bitcoin linked to the 2020 Twitter hack.
  • Authorities seized 42 BTC and other crypto assets, ensuring O’Connor cannot profit from the high-profile account breaches.

British national Joseph James O’Connor has been ordered to repay £4.1 million ($5.4 million) in Bitcoin linked to the scam. James O’Connor is one of the key figures behind the notorious 2020 Twitter hack involving high-profile figures such as former U.S. President Barack Obama.

The announcement was made by the UK’s Crown Prosecution Service (CPS) on Monday. This is just one of the many scam cases involving crypto.  

O’Connor, now 26, was previously sentenced to five years in prison in the United States after pleading guilty to charges that included computer intrusion, wire fraud, and extortion. His crimes stem from the July 2020 cyberattack that compromised some of the world’s most influential Twitter accounts, including those of Joe Biden, Elon Musk, Bill Gates, Warren Buffett, and Kim Kardashian.

The attackers used the hijacked accounts to solicit cryptocurrency and threaten public figures. O’Connor was arrested in Spain in 2021 after the country’s High Court determined that the United States was the appropriate jurisdiction for prosecution due to the location of most evidence and victims. After his extradition, he pleaded guilty and was sentenced in 2023.

Ordered to Surrender 42 Bitcoin and Other Crypto Assets

The CPS said it had secured a civil recovery order allowing authorities to seize 42 Bitcoin and additional crypto assets tied to O’Connor’s criminal activity. The assets were frozen during extradition proceedings, and now they will be liquidated by a court-appointed trustee.

Prosecutor Adrian Foster emphasized that UK authorities will act even when convictions occur abroad, stating:

One of the Most High-Profile Hacks in Twitter’s (X’s) History

The 2020 attack became one of the most high-profile security incidents to hit the platform. The breach forced the company to temporarily restrict verified accounts, highlighting major vulnerabilities in its internal tools.

With the recovery order now in place, authorities have taken another step toward preventing O’Connor from profiting from one of the most widely publicized cybercrimes of the past decade.

]]>
Market Opportunity
4 Logo
4 Price(4)
$0.006402
$0.006402$0.006402
-1.31%
USD
4 (4) Live Price Chart
Disclaimer: The articles reposted on this site are sourced from public platforms and are provided for informational purposes only. They do not necessarily reflect the views of MEXC. All rights remain with the original authors. If you believe any content infringes on third-party rights, please contact crypto.news@mexc.com for removal. MEXC makes no guarantees regarding the accuracy, completeness, or timeliness of the content and is not responsible for any actions taken based on the information provided. The content does not constitute financial, legal, or other professional advice, nor should it be considered a recommendation or endorsement by MEXC.

You May Also Like

Why African countries are using data protection laws as backdoor to regulate AI

Why African countries are using data protection laws as backdoor to regulate AI

Rather than waiting for comprehensive AI frameworks, which are often complex and slow to develop, governments across the continent are embedding AI-related rules
Share
Techcabal2026/03/19 18:46
YieldMax Funds Explained: How These ETFs Work, What They Pay & The Hidden Risks

YieldMax Funds Explained: How These ETFs Work, What They Pay & The Hidden Risks

If you have spent any time in income-investing circles recently, you have almost certainly come across YieldMax funds the ETFs promising yields of 30%, 50%, or
Share
Fintechzoom2026/03/19 18:14
Aster Price Surges After Airdrop and CZ Mention

Aster Price Surges After Airdrop and CZ Mention

The post Aster Price Surges After Airdrop and CZ Mention appeared on BitcoinEthereumNews.com. Aster, previously referred to as APX, witnessed its token price soar on September 18, rising by over 360% in one day. The surge followed after the project started its airdrop program and from CZ. What’s Driving Aster Price Surge The token’s steep price action came after the token’s airdrop began, and it will run until October 17. Approximately 704 million tokens representing approximately 8.8% of the total supply are being sent to eligible users. These include members of Aster’s Spectra Stage 0 and 1 programs, owners of Aster Gems, and traders of Aster Pro. Adding fuel to the charge, CZ publicly congratulated the Aster team, further increasing visibility to the project. That validation, combined with the token distribution, driven the price surge. Fundamentals Behind the Rally Beyond the frenzy, Aster’s fundamentals have been improving. Based on statistics provided by DeFi Llama. Its perpetual futures platform has seen more than $12 billion worth of trading volume this month, an increase from $9.78 billion in August and $8.5 billion last July. Revenue has increased steeply as well. Fees earned this quarter total $8.82 million, up from only $1.8 million during the same time last year. In Q3 2024, Aster had only generated $11,660 in revenue, but today that number is up to $5.4 million. The total value locked (TVL) in the protocol has hit a record high of $1.85 billion, an astronomical increase from $141 million in January. What’s Next for Aster Analysts believe that the rally may prevail since Aster is now becoming available on additional exchanges, yet it is mainly traded on its own platform. Yet with recipients of the airdrop likely to take profits in place, there will be some pressure selling. Like other recently listed coins like WLFI, Spark, and Avantis, a good starting run will be followed…
Share
BitcoinEthereumNews2025/09/19 08:30