Now, crypto investigator zachxbt thinks the same individual is indirectly responsible for a slew of compromised Twitter accounts that have then been used to promote crypto scams, including those of Beeple, DeeKay, and others. According to zachxbt, he has been selling access to a Twitter admin panel, which allows employee-level access to Twitter tools. This might explain how many of the accounts were compromised despite being protected by multi-factor authentication. According to zachxbt, "It's still unclear as to how Redman gained access to the panel to make elevated requests & reset passwords. As of now it appears the method stopped working".
Researcher zachxbt alleges that teenager who stole crypto worth $37 million in 2020 is responsible for a spate of crypto-related Twitter hacks
In 2020, a Canadian teenager used SIM swapping to steal US$37 million in Bitcoin and Bitcoin Cash from a single person. Canadian police announced his arrest in November 2021 after he tried to buy a rare gaming username, also writing that they had seized around $5 million of the stolen funds.