Twitter accounts of Bill Gates, Barack Obama, Joe Biden, Elon Musk, CZ, Justin Sun, Kanye West, Binance, CashApp, Gemini, Apple, amongst other verified handles were all hacked on Wednesday by Bitcoin scammers and as a result were sending out tweets promoting a Bitcoin scam.
The hacked handles sent out tweets asking for Bitcoin to be sent to a Bitcon wallet address and in return, double the amount would be sent back to anyone that does within a stipulated time frame.
Vieiwng the Bitcoin wallet address transaction history, shows nearly 300 people had fallen for the scam and sent more than $100,000 in Bitcoin unsuspectedly to the scammer’s Bitcoin wallet within minutes of the tweets being posted.
In the cryptocurrency industry Twitter handles of Binance, CZ, Justin Sun, Gemini and many others were compromised also. This remains to be the biggest security breach in Twitter’s history after Twitter CEO Jack Dorsey’s account hack last year.
Cameron Winklevoss of Gemini sent a tweet to inform people of the scam.
This is a SCAM, DO NOT participate! This is the same attack/takeover that other major crypto twitter accounts are experiencing. Be vigilant! Situation is ongoing.https://t.co/2k9U3PpnKm
— Cameron Winklevoss (@winklevoss) July 15, 2020
However, Twitter have detected the well coordinated hack and Twitter’s support account said via a tweet:
We are aware of a security incident impacting accounts on Twitter. We are investigating and taking steps to fix it. We will update everyone shortly.
In a move to halt the hack, Twitter has stopped verified accounts from tweeting.
“You may be unable to Tweet or reset your password while we review and address this incident,” said Twitter’s support account.
This is the biggest and most well coordinated Twitter hack in history involving verified accounts of corporations and prominent individuals cutting across different industries. A hack of this proportion is a thing of concern, because many world leaders and top corporations use Twitter primarily as a media platform to share vital information.
This is a developing story. More content will be added stay tuned…