Home » High-Profile Twitter Accounts Hacked in Bitcoin Scam

High-Profile Twitter Accounts Hacked in Bitcoin Scam

Twitter accounts belonging to leading companies and famous people were hacked in a bitcoin scam on Wednesday.
news - High-Profile Twitter Accounts Hacked in Bitcoin Scam

Twitter accounts of leading companies and famous people were hacked in a bitcoin scam on Wednesday.

news - High-Profile Twitter Accounts Hacked in Bitcoin Scam

The accounts of Barack Obama, Kanye West, Warren Buffett, Jeff Bezos, and many other famous persons posted a tweet asking for bitcoins from followers with the promise of double return.

Once the hack was detected, the compromised accounts were locked down. Over $120,000 worth of Bitcoin have been transferred to the main Bitcoin address provided by hackers, investigations are ongoing.

Twitter Support account tweeted that they detected what they believe to be a coordinated social engineering attack by people who successfully targeted some of their employees with access to internal systems and tools.

According to the Whale Alert and Scam Alert report, crypto scammers have stole around $24 million in bitcoins in the first six months of 2020, representing 63% from amount stolen over the past four years. Changing scam shemes among with increasing its quality and scale suggest that entire professional teams are now behind some of the most successful ones.

 

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