A large number of high profile Twitter accounts were hacked by hackers who used those twitter handle with millions of followers to spread a cryptocurrency scam.
Twitter accounts of Apple, Elon Musk and Joe Biden were among the major account which were compromised in a broadly targeted attack. Hackers spread a message through those twitter account read, “I am giving back to the community. All Bitcoin sent to the address below will be sent back doubled!”.
Other high profile Twitter accounts of Kim Kardashian West, Jeff Bezos, Bill Gates, Barack Obama, Wiz Khalifa, Warren Buffett, YouTuber MrBeast, Wendy’s, Uber, CashApp and Mike Bloomberg also posted the same scam message.
Gemini cryptocurrency exchange co-founder Cameron Winklevoss warned from his official account on Twitter, “This is a SCAM, DO NOT participate!”
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
Blockchain.com which monitors the crypto transaction said a total of 12.58 bitcoins, worth almost $116,000, had been sent to the email addresses mentioned in the fraudulent tweets.
Bitcoin authority and author Andreas Antonopoulos said in a tweet, “”Given the accounts that got hacked more recently (Apple, Uber, Gates, Musk, etc), I am now leaning towards this being an internal compromise of a Twitter system, not an API attack from a social aggregator service.”
Given the accounts that got hacked more recently (Apple, Uber, Gates, Musk, etc), I am now leaning towards this being an internal compromise of a Twitter system, not an API attack from a social aggregator service.
— Andreas ☮ 🌈 ⚛ ⚖ 🌐 📡 📖 📹 🔑 🛩 (@aantonop) July 15, 2020
Twitter acknowledged the situation at 2:45 p.m. PT Wednesday afternoon, referring to it as a “security incident.”
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.
— Twitter Support (@TwitterSupport) July 15, 2020
Twitter CEO Jack Dorsey said, “Tough day for us at Twitter. We all feel terrible this happened.”
Tough day for us at Twitter. We all feel terrible this happened.
We’re diagnosing and will share everything we can when we have a more complete understanding of exactly what happened.
💙 to our teammates working hard to make this right.
— jack (@jack) July 16, 2020
Dmitri Alperovitch, who co-founded cyber-security company CrowdStrike, told Reuters news agency: “This appears to be the worst hack of a major social media platform yet.”