22-year-old Londoner Kerem Albayrak was sentenced to a two year suspended jail term, a six-month electronic curfew, and 300 hours of unpaid community work. He was sentenced today after attempting to blackmail Apple by threatening to factory reset 319 million iCloud accounts and sell the users’ data. Albayra demanded a ransom of a thousand $100 iTunes gift cards or $75,000 in crypto-currency from Apple via email on March 12, 2017. He also threatened to delete all of his iCloud accounts if he didn’t receive payment.
Source: https://www.bleepingcomputer.com/news/security/apple-blackmailed-for-100k-in-itunes-cards-to-avoid-data-leak/