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'Acid House King' jailed for sophisticated cyber attack on UK banks

From telegraph.co.uk

A man dubbed the ‘Acid House King’ who organised some of Britain’s most infamous all night raves, has been jailed after he masterminded a £1.25 million cyber bank heist. Tony Colston-Hayter, the son of a university lecturer and solicitor, led a gang which planted sophisticated hacking devices in banks so they could empty high value accounts including those of universities. The 48-year-old was jailed for five and a half years for what prosecutors referred to as a “sophisticated and organised attack on the banking system.” Judge Juliet May QC said: “You were once a very successful and noted businessman, and once even ... (full story)

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