“My business model is short equities. I am here to shift the market cap of publicly traded companies downward by publicizing problems in their technical infrastructure. Very few people manage to do this.”
— Andrew Auernheimer, a.k.a. Weev, in an interview with TechCrunch. The hacker, convicted last year of hacking AT&T year, was released from prison last week after an appeals court ruled his New Jersey trial was held in the wrong state. He’s still fighting a Justice Department indictment.
Auernheimer in 2011 sent to the Gawker website the email addresseses — of more than 100,000 Apple iPad users — stolen by fellow hacker Daniel Spitler from AT&T servers. Spitler testified against Auernheimer, pleaded guilty and got three years probation, apparently also because he showed remorse. Auernheimer, on the other hand, reportedly told jurors he did not consider the hacking as theft.
He also said he’s founding a new hedge fund, TRO LLC. You read that right. It will be focused on “generating actionable financial intelligence from the computer underground,” Auernheimer told TechCrunch.
Photo of an Apple iPad from Mercury News archives