August 3, 2020 Authorities arrest suspect in Twitter BTC scam.

Authorities in Florida have arrested a 17-year-old suspected of orchestrating a recent attack targeting the Twitter accounts of several prominent figures including Elon Musk, Barack Obama, and Bill Gates. The scam solicited BTC deposits, claiming that any BTC sent to a specified address would be returned twofold. The suspect, who was previously arrested on hacking-related charges last year, gained under $150K from the scam but reportedly holds over $3M in existing BTC. Two other suspects were arrested in connection with the attack.

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