You can further read about this news, but I want to point out one quote from the article. The hacker's name is George Hotz, a native of New Jersey,"collaborated online with four other people, two of them in Russia, to develop the unlocking process and he spent about 500 hours on the project since the launch on 29 June. 'Some of my friends think I wasted my summer but I think it was worth it,' he told. "
Wanna learn how he uncover the mystery behind iPhone lock. Check out George Hotz blog.