Elliot Gunton, 19 year old British teenager who made hundreds of thousands of pounds in Bitcoin from selling compromised personal data to criminals and on-demand hacking services, has been sentenced to 20 months.
Judge also ordered Gunton to pay back more than £400,000 he had received for illicit services.
He hacked personal details and sold to criminals who could use the data to commit bigger crimes.
Police found series of irregular actives in his laptop. while making routine calls (On April 2018,)to Gunton to ensure he was complying with a Sexual Harm Prevention Order that had been issued in June 2016 for previous offences
Upon further investigation police found Gunton’s advertisement on compromised personal data and hacking services for $3,000 (£2,471) in Bitcoin.
“The data was used, for instance, to allow criminals to convince a user’s mobile phone company to transfer the user’s number to a phone under their control, allowing them to intercept calls and text messages during the period before the user discovered the switch.”– Police said.
Such attacks allow hackers to bypass two-factor authentication and illicitly access online services.
Police seized £275,000 worth of cryptocurrencies from Gunton. Earlier he tweeted “having lots of money is cool… but having lots of money without people knowing is cooler”.
“Gunton was exploiting the personal data of innocent businesses and people in order to make a considerable profit but he did not succeed in hiding all of his ill-gotten gains which enabled us to seize hundreds of thousands of pounds worth of Bitcoin,”– Police said.
“This emerging type of criminality requires police investigators to be at the forefront of technological advancements in order to effectively combat the ever-growing paradigm of cybercrime,” said Detective Sergeant Mark Stratford.
“Today’s sentence will ensure he cannot continue with this kind of criminal activity.”– he added.