International

US teen ‘mastermind’ in epic Twitter hack sentenced to prison

AFP/Editor

A Florida teenager accused of masterminding a Twitter hack of celebrity accounts in a crypto currency scheme has been sentenced to three years in juvenile prison in a plea agreement, officials said.

State prosecutors announced the deal yesterday in the case of Graham Ivan Clark, 18, described as the mastermind of the July 2020 “Bit-Con” worldwide hack of Twitter accounts of Elon Musk, Bill Gates, Barack Obama, Joe Biden and others.

Hillsborough County State Attorney Andrew Warren said Clark, who was 17 when he was charged, would serve three years in a juvenile prison followed by three years probation, the maximum allowed under Florida’s Youthful Offender Act. If Clark violates his probation, he will face a minimum 10-year sentence in adult prison.

The hack, which resulted in federal charges against three other people, hacked the celebrity accounts and asked followers of them to send bitcoin to an account, promising to double their money.

20260224_estafa_mh_728x90

“He took over the accounts of famous people, but the money he stole came from regular, hard-working people,” Warren said.

Warren added that the “our goal with any child, whenever possible, is to have them learn their lesson without destroying their future,” and offers him a chance at rehabilitation.

The case was investigated by federal authorities but Clark was turned over the to state because he was a juvenile at the time. According to prosecutors, Clark used his access to Twitter’s internal systems to take over the accounts of several companies and celebrities and involved a combination of “technical breaches and social engineering,” netting some $100,000.

Twitter said at the time that the July 15 incident stemmed from a “spear phishing” attack which deceived employees about the origin of the messages. The hack affected at least 130 accounts, including that of Biden while he was a candidate for president.

20260224_estafa_mh_728x90

International

US panel backs Trump-themed coin amid controversy

The United States Department of the Treasury confirmed to AFP that the Commission of Fine Arts approved the design of a new collectible coin featuring Donald Trump, with members of the commission appointed by the current administration.

According to the proposal, the coin will feature an image of Trump standing with clenched fists over a desk on the obverse, while the reverse will display an eagle, a traditional symbol of the United States.

The sale price of the collectible has not yet been disclosed, although the United States Mint typically offers similar items for more than $1,000.

“There is no more iconic portrait for the front of these coins than that of our president Donald Trump,” U.S. Treasurer Brandon Beach said in a statement sent to AFP. He added that two additional coins — a $1 piece and a one-ounce gold coin — are also under consideration.

However, the Citizens Coinage Advisory Committee (CCAC), another body responsible for reviewing new coin proposals, declined to discuss the Trump design in late February.

20260224_estafa_mh_728x90

“Only nations governed by kings or dictators place the image of a sitting leader on their currency,” said Donald Scarinciat the time. “No country in the world has minted coins featuring a democratically elected leader during their term in office,” he added.

When contacted by AFP, the Treasury Department did not immediately respond to requests for further comment.

International

Fed’s Waller warns of rising inflation risks amid Middle East conflict

Christopher Waller, a governor at the Federal Reserve, said Friday that he is increasingly concerned about the inflationary impact of the ongoing conflict involving United States and Israel against Iran, particularly due to the prolonged closure of the Strait of Hormuz.

Waller, who had supported interest rate cuts over the past year amid concerns about the labor market, said he has shifted his stance in recent weeks due to rising inflation risks.

“Since the Strait of Hormuz was closed, it suggests this conflict could be much more prolonged and that oil prices will remain elevated for longer,” Waller said in an interview with CNBC.

“Therefore, this indicates that inflation is a greater concern than I had previously assessed,” he added.

Waller also backed the Federal Reserve’s decision earlier this week to keep interest rates unchanged, signaling a more cautious approach as global geopolitical tensions continue to affect economic outlooks.

20260224_estafa_mh_728x90

International

Brazil offers to mediate Colombia-Ecuador tensions, calls for restraint

The government of Brazil has offered to mediate in the ongoing tensions between Colombia and Ecuador, while calling on both nations to exercise restraint.

In a statement released Wednesday, Brazil’s Ministry of Foreign Affairs urged the parties involved to act with moderation and seek a peaceful resolution to the dispute.

“Brazil encourages all sides to act with moderation in order to find a peaceful solution to the controversy. It stands ready to support dialogue efforts aimed at preserving peace and security in the region,” the statement said.

Brazil also expressed “serious concern” over reports of deaths in the border area between Colombia and Ecuador, noting that the circumstances surrounding the incidents have not yet been clarified.

The diplomatic move comes amid rising tensions between the neighboring countries, increasing regional concern over stability and security along their shared border.