According to ZachXBT, Cameron Redman was convicted and ordered to pay restitution following an investigation into the June 2022 incident where X (Twitter) panel access was sold for 250 ETH. This breach led to the compromise of over 10 high-profile accounts, including JRNY, Beeple, Nouns, Zeneca, and DeeKay, resulting in significant financial losses in the crypto market. The conviction is seen as a critical development in crypto security, highlighting the ongoing risks of social engineering attacks targeting digital asset holders (source: ZachXBT).