Techradar reports that Brian Hogan, who sold the prototype for $5,000 after an Apple employee misplaced the device, has been charged with a handling stolen goods and misappropriation of lost property.

After a consideration of all of the evidence, it was determined that no charges would be filed against employees of Gizmodo," said a statement from the District Attorney's office. Within the lawThe discovery of the iPhone 4, which turned out to be one launched by Steve Jobs in June last year, proved one of the biggest tech stories of the year and defied Apple's notorious code of secrecy.Gizmodo earned the scoop of the year and Chen gained a lot of plaudits for having the courage to run with the story when its rivals turned down the prototype.However, Chen himself was soon the victim of a police raid at his home, and the influential blog has since been blacklisted by Apple as a result of the iPhone 4 revelation.

  Man who 'found' prototype iPhone 4 charged