Teen Hacker Faces 6 Charges in $8M Cyber Heist | Bitcoin and Crypto News

A 19-year-old dual US-Estonian citizen, Peter Stokes, aka “Bouquet” and “Jordan,” has been extradited to the U.S. to face charges for allegedly leading a global hacking group called Scattered Spider. The group targeted a luxury jewelry retailer with a $8 million crypto ransom scheme, infiltrating the company’s systems in just two hours via phishing attacks. Though the company refused to pay and kicked out the hackers, the breach still cost them $2 million. Stokes, now in Chicago, is accused of being behind over 100 cyber intrusions totaling more than $100 million in ransom payments — and faces six serious charges including hacking, extortion, and conspiracy. Listen in comfort:Get a discount on a Soli Pillow: http://solipillow.com/discount/dnn Advertise on DNN:[email protected] This is an automated, high-level news summary based on public reporting.Report issues to [email protected]. View sources & latest updates:https://sources.thednn.ai/4460b79d26d1f494