A 17-year-old boy in Tampa, Florida, U.S., is arrested and charged for his role in the Twitter bitcoin hack earlier this month. Two others, a man in Orlando, Florida and a man in the United Kingdom, were also charged.
Florida citrus department's head of IT arrested for using all the govt. agency's resources to mine for bitcoin
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TAMPA A Department of Citrus employee was arrested after he used state computers to produce virtual currency for himself, according to the Florida Department of Law Enforcement. Matthew McDermott, 51, of Davenport was the information technology manager for the Florida Department of Citrus, the agency that oversees the states citrus industry. According to FDLE agents, he used several computers in the Department of Citrus to mine for virtual currency, which include bitcoin and litecoin. "A mining pool, or team, is used to solve mathematical equations in an effort to mine the virtual currency and win a reward," the FDLE said. Mining for cryptocurrency requires extensive computing power. Utility bills for the department jumped by more than 40 percent between October 2017 and January 2017, at a cost of about $825, according to the inspector general for the citrus agency.
Florida teenager Graham Clark is accused of "masterminding" the July 15 Twitter hack that breached 130 Twitter accounts and scammed $130,000 bitcoin. A state employee at Florida's Department of Citrus has been arrested for allegedly using official computers to mine bitcoin and litecoin. Unlike those events, however, the arrests out of Florida involve action being taken on a state level, and not federally, for the first time ever. “The biggest problem that bitcoin faces is actually self-imposed, because it’s always hard to buy bitcoins,” Weaver said. MIAMI (AP) — A Florida teen was identified Friday as the mastermind of a scheme earlier this month that commandeered Twitter accounts of prominent politicians, celebrities and technology moguls and scammed people around the globe out of more than $100,000 in Bitcoin. Two other men were also charged in the case. Florida police have arrested a 17-year-old male and the Department of Justice has charged two others for their alleged roles in a breach where attackers seized control of high-profile Twitter accounts to push an apparent bitcoin scam. The state attorney in Hillsborough County, Florida, announced Friday that Graham Ivan Clark “was the mastermind” of the July 15 Twitter breach.
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Enjoy the videos and music you love, upload original content, and share it all with friends, family, and the world on YouTube. Michel's arrest came after the North American Bitcoin conference earlier in the year, and is the attempt by Florida law enforcement to test the question of whether Bitcoin is money. Michel spent ... World Events are becoming more a part of everyone's daily life, what happens in Asia, Europe and the Middle East directly affects life here in the United Sta... FLORIDA COP SAYS LEAVE SIDEWALK OR GET ARRESTED. 1ST AMENDMENT AUDIT LINKS RIGHTS CRISPY https://www.youtube.com/user/FintanV GA THE GLADIAUDITOR https://www... Florida Block Party of Over 3,000 Leads to Injured Sheriffs & 2 Arrests J.B. Gunner TV. Loading... Unsubscribe from J.B. Gunner TV? Cancel Unsubscribe. Working... Subscribe Subscribed Unsubscribe ...