Just last month, Luca — the young hacker who is known to tease iOS jailbreaks — announced on Twitter that he could jailbreak iOS 10.1. He even managed to seed a beta jailbreak for iOS 10.1, but it wouldn’t run mobile substrate yet. Before he could establish that into a full jailbreak, he announced that he would jailbreak iOS 10.2 instead. And it is here, all you jailbreak fans!
The process of jailbreaking the phone is actually really straightforward, and I’ll leave it to EverythingApplePro to explain it in his video: