Security researcher Marcus Hutchins reports: A bunch of high profile cryptocurrency Twitter accounts have been hijacked to tweet bitcoin scams. Likely a 3rd party App compromise rather that Twitter itself. People / organizations whose accounts appear to have been hijacked include Elon Musk, Bill Gates, Binance, Apple, Cash app, and Ripple. Cameron Winklevoss, co-founder of cryptocurrency market Gemini, offered an explanation in a tweet: “ALL MAJOR CRYPTO TWITTER ACCOUNTS HAVE BEEN COMPROMISED.”
TechCrunch reports: These kinds of scams are common. Scammers take over high-profile Twitter accounts using breached or leaked passwords and post messages that encourage users to post their cryptocurrency funds to a particular address under the guise that they’ll double their “investment.” In reality, it’s simple theft, but it’s a scam that works. By the time of writing, the blockchain address used on the scam site had already collected 2.8 bitcoin — some $25,700 in today’s currency — and it’s going up by the minute.
of this story at Slashdot.
Source:: Slashdot