It looks like a more advance version of the bad tv warp effects with some nice time remapping. You may be able to use that as a base and develop it further.
...
After doing some quick searching in google I found this
http://aescripts.com/tv-distortion-bundle/ distort bundle and the data glitch one may work well.
I also found this long list of on mylenium site.
http://www.aeplugins.myleniumstuff.de/?cat=4
hope this helps,
Greg
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