iPhone hacker trades unlocked phone for car

The 17-year-old hacker who soldered his way to an unlocked iPhone, has traded the unlocked handset for a Nissan 350Z and three 8GB (locked) iPhones. The teen, George Hotz, originally tried to auction the phone on eBay but received too many fraudulent bids. Terry Daidone, the founder of Certicell, contacted Hotz and made the offer over email.

Hotz explained that he would send the iPhones to the people who helped in unlock the first one: "I will be sending the iPhones, unlocked if they wish, to jpetrie (the first donater), gray (the reversing genius), and iProof (who is truly amazing at finding stuff online)."

For more on Hotz:
- read this article from macnn