The iPhone Dev Team has released a statement warning all jailbreakers to beware of online “5.12″ or “5.11″ jailbreaks that are fraudulent and will steal your money. These sites do not have any sort of unlock or jailbreak for the new devices and are only trying to steal money from you: stay away!!

On the better side of things, sherif hashim has found a seemingly promising crash in the new baseband and is working hard on exploiting it for the upcoming jailbreak. Unfortunately, there is no way to tell if this crash will be good enough; the dev team promises nothing but hard work and is unable to give an ETA yet.

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