Lapsus$: How Did A 16-Year-Old British Boy Become A millionaire With The Help Of Hacking?

A 16-year-old boy from Oxford, UK, has been accused by authorities of being one of the leaders of a cybercrime group called Lapsus$ and has amassed more than 10 million through hacking.

City of London police say they have arrested seven young men belonging to the gang but have not confirmed that the 16-year-old is among them.

City of London police say they have arrested seven young men between the ages of 16 and 21 on charges of hacking for questioning. Police added that the seven have been released but the investigation is still ongoing.

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The boy is said to have hacked into the internet using his nickname 'White' or 'Breach Base'. He has autism and is part of the Lapsus$ Hacking gang, which is said to be based in Latin America. Lapsus$ is a relatively new gang but soon gained popularity and is considered to be the most dangerous hacking cyber group which has successfully hacked well known companies like Microsoft etc.

The boy, who is under 18 years of age, could not be named but is said to be attending a special needs children's school in Oxford.

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The boy's father told that his family was disturbed by his habits and tried to keep him away from the computer. He added: "I had never heard of them all until recently. He never talked about hacking but he is very fast in computer etc. and spends a lot of time on it.

I thought he was just playing a game, but now we're going to stop him from using the computer

How did this guy get caught?

The reason for catching 'White' was that some of his associates became hackers on a hacker's website, after which the hackers of that website revealed the boy's name, address and pictures of him on social media.

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He also published details of the boy's hacking career, saying: "In just a short time, the boy has collected a total of 300 bitcoins (worth more than 10 million pounds) and is now linked to a group called Lapsus$, a ransomware. Is the one who collects money after hacking from so-called village companies.

According to the news agency Bloomberg, the cyber security researchers have been searching for 'White' for a long time and they have linked him to Lapsus$.

Who is the Lapsus$ group?

The Lapsus$ hacking group has made a name for itself in a short period of time as it has hacked well-known companies and its channel is also very popular on the messaging service Telegram which has more than 47,000 subscribers.

Experts say not much is known about Lapsus$'s background, but because most of his actions are against companies based in Brazil, it is speculated that they operate from Latin America.

In recent days, Microsoft has admitted that Lapsus$ had gained access to some of their machines.

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