Twitter enlists hacker George Hotz for 12 week “internship”
Despite Twitter’s rapidly diminishing workforce, Elon Musk has signed on hacker and frenemy, George Hotz, for a 12-week “internship.” Hotz is known for his security hacks including iOS jailbreaks and reverse engineering the PlayStation 3. Interestingly, Hotz and Musk have history, as the two got into a spat after Musk allegedly tried to hire Stotz at Tesla but “kept changing the terms.” Subsequently, Hotz founded Comma.ai, whose driver assistance system aimed to bring Tesla Autopilot–like functionality to other cars. The two appear to have made amends after reconnecting on Twitter. Hotz described his new role at Twitter as being in charge of search for the platform.
Estonian duo arrested for masterminding $575 million Ponzi scheme
Two 37-year-old Estonian men, Sergei Potapenko and Ivan Turõgin, face up to 20 years behind bars for their role in a massive crypto-related Ponzi scheme. Between 2015 and 2019, the pair allegedly coerced thousands of investors to invest over $550 million in HashFlare. HashFlare supposedly enabled investors to rent a portion of the firm’s cryptocurrency mining operations in exchange for the crypto it produced. While HashFlare’s website showed they were making big profits, in reality the firm was mining Bitcoin at a rate of less than 1% of what it claimed to be. When investors tried to withdraw funds, the scammers…
