Elias Ladopoulos
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Elias Ladopoulos is a technologist and investor from
New York City New York, often called New York City or NYC, is the most populous city in the United States. With a 2020 population of 8,804,190 distributed over , New York City is also the most densely populated major city in the Un ...
. Under the pseudonym Acid Phreak, he was a founder of the ''
Masters of Deception Masters of Deception (MOD) was a New York–based group of hackers, most widely known in media for their exploits of telephone company infrastructure and later prosecution. Origin of Masters of Deception MOD's initial membership grew from m ...
'' (MOD) hacker group along with Phiber Optik (
Mark Abene Mark Abene (born February 23, 1972) is an American information security expert and entrepreneur, originally from New York City. Better known by his pseudonym Phiber Optik, he was once a member of the hacker groups Legion of Doom and Masters o ...
) and Scorpion ( Paul Stira). Referred to as The Gang That Ruled Cyberspace in a 1995 non-fiction book, MOD was at the forefront of exploiting telephone systems to
hack Hack may refer to: Arts, entertainment, and media Games * ''Hack'' (Unix video game), a 1984 roguelike video game * ''.hack'' (video game series), a series of video games by the multimedia franchise ''.hack'' Music * ''Hack'' (album), a 199 ...
into the private networks of major corporations. In his later career, Ladopoulos developed new techniques for electronic trading and computerized projections of stocks and shares performance, as well as working as a security consultant for the defense department . He is currently CEO of Supermassive Corp, which is a hacker-based incubation studio for technology start-ups.


Founding of MOD

When Ladopoulos and Stira were engaged in exploring an unusual telephone system computer, Ladopoulos suggested seeking advice from Phiber Optik (Mark Abene), a well-known phreak who was also a member of the prestigious
Legion of Doom The Legion of Doom is a group of supervillains who originated in '' Challenge of the Super Friends'', an animated series from Hanna-Barbera based on DC Comics' Justice League. The Legion of Doom has since been incorporated into the main DC Univer ...
(LOD) group. A productive phone hacking partnership developed, with the group later branding themselves Masters of Deception (MOD). MOD's hacking exploits included taking control of every major phone system and global packet-switching network in the United States . Ladopoulos claims that he and another hacker were able to place a call to Queen
Elizabeth II Elizabeth II (Elizabeth Alexandra Mary; 21 April 1926 – 8 September 2022) was Queen of the United Kingdom and other Commonwealth realms from 6 February 1952 until her death in 2022. She was queen regnant of 32 sovereign states during ...
. Their pranks included taking over the printers of the Public Broadcasting Service (
PBS The Public Broadcasting Service (PBS) is an American public broadcaster and non-commercial, free-to-air television network based in Arlington, Virginia. PBS is a publicly funded nonprofit organization and the most prominent provider of educat ...
), an incident that escalated when another hacker used the access they had established to wipe the PBS systems . The group is also known for retrieving phone and credit information for celebrities such as
Julia Roberts Julia Fiona Roberts (born October 28, 1967) is an American actress. Known for her leading roles in films encompassing a variety of genres, she has received multiple accolades, including an Academy Award, a British Academy Film Award, and th ...
and John Gotti.


Conflict with former Legion of Doom members

Abene's involvement in both LOD and MOD showed a natural alignment between the two groups in MOD's early years. As LOD's original membership broke up, however, conflicts arose between Abene and Eric Bloodaxe (Chris Goggans), another LOD member. Goggans declaring that Abene had been expelled from LOD, resulted in a permanent split between the two groups. Ladopoulos is credited with writing "The History of MOD" for "other hackers to envy." Further disagreements and pranks, including the hacking of Goggans's security consultancy ComSec, have been characterized as the Great Hacker War.


Prosecution

On January 15, 1990 (
Martin Luther King Day Martin Luther King Jr. Day (officially Birthday of Martin Luther King, Jr., and sometimes referred to as MLK Day) is a federal holiday in the United States marking the birthday of Martin Luther King Jr. It is observed on the third Monda ...
), the AT&T telephone network crashed. Later investigations revealed the cause to be a software bug; however, an FBI task force that had been investigating MOD was convinced the group was implicated. On January 24 the FBI raided the homes of five MOD members, including Ladopoulos, Abene, and Stira. Despite being released without charge due to lack of evidence, the MOD members were later re-arrested on a conspiracy charge following wire-tapping of future MOD members. After Abene rejected a plea bargain, Ladopoulos refused to testify against his fellow hacker, pleaded guilty and was sentenced to 6 months in a supervised camp facility, followed by 6 months' house arrest. According to U.S. attorney Otto Obermaier it was the "first investigative use of court-authorized wiretaps to obtain conversations and data transmissions of computer hackers" in the United States.


Career

After completing his sentence, Ladopoulos was hired as a security engineer by the Reuters-owned electronic trading business,
Instinet Instinet is an institutional, agency-model broker that also serves as the independent equity trading arm of its parent, Nomura Group. It executes trades for asset management firms, hedge funds, insurance companies, mutual funds and pension fund ...
. Hiring other former hackers, Ladopoulos built a department responsible for securing Instinet's global trading operations and developing security systems that were later acquired by NASDAQ . Later, as a consultant for Instinet, Ladopoulos also worked as VP Operations for the government security contractor NetSec (later Verizon Government) . In 2008, he founded Kinetic Global Markets with Roger Ehrenberg . As CEO and CIO, he led a team pioneering new approaches to
systematic trading Systematic trading (also known as mechanical trading) is a way of defining trade goals, risk controls and rules that can make investment and trading decisions in a methodical way. Systematic trading includes both manual trading of systems, and full ...
based on the computational analysis of terms used in SEC filings. Ladopoulos consulted on Ehrenberg's launch of IA Venture Capital . In 2013, Ladopoulos founded Supermassive Corp., which describes itself as the original hacker incubation studio, "bringing together teams of extremely unique talents to rapidly prototype ideas that have a big impact."


References

*


External links

* The History of MOD *
modbook1.txt
— ''"The History of MOD: Book One: The Originals"'' *
modbook2.txt
— ''"The History of MOD: Book Two: Creative Mindz"'' *
modbook3.txt
— ''"The Book of MOD: Part Three: A Kick in the Groin"'' *
modbook4.txt
— ''"The Book of MOD: Part Four: End of '90-'1991"'' *
modbook5.txt
— ''"The Book of MOD: Part 5: Who are They And Where Did They Come From? (Summer 1991)"'' *Small Scale Sin, Act Three http://www.thisamericanlife.org/radio-archives/episode/2/small-scale-sin?act=3#play {{DEFAULTSORT:Ladopoulos, Elias Hackers Living people Masters of Deception 1972 births Legion of Doom (hacker group) Businesspeople from New York City Phreaking