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Biden, Obama, Musk, Apple, Kanye, Bill Gates, More Have Twitter Accounts Hacked by Bitcoin Scammers

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Home Big Tech

Biden, Obama, Musk, Apple, Kanye, Bill Gates, More Have Twitter Accounts Hacked by Bitcoin Scammers

High profile Twitter accounts were compromised by Bitcoin scammers on Wednesday afternoon.

by Archive
July 15, 2020
in Big Tech, Breaking News, News
Biden, Obama, Musk, Apple, Kanye, Bill Gates, More Have Twitter Accounts Hacked by Bitcoin Scammers

Last Updated on July 15, 2020

Several politicians and celebrities had their Twitter account hacked by Bitcoin scammers on Wednesday afternoon, with the prominent Twitter users posting identical messages instructing users to send the equivalent of $1,000 in the digital currency to an address based on the promise that the celebrity would send back $2,000 in an act of generosity.

Verified Twitter users ranging from politicians to celebrities to business leaders were hacked on Wednesday, with several high profile accounts sharing identical links asking their followers to send $1,000 in Bitcoin to an unknown wallet, promising that the hacked celebrities would send back $2,000 as an act of philanthropy.

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The hack seems to have started with Tesla and SpaceX founder Elon Musk, who had his account hijacked to post a message claiming the business tycoon was doubling all amounts of Bitcoin sent to him.

Minutes later, Bill Gates’ account was used to post a nearly identical message.

The official Twitter account of Apple was also hacked and used to post the scam message.

Kanye West and the popular Cash App both had their accounts hacked by the scammers, with the message posted to their Twitter accounts as well.

Presumed Democrat presidential nominee Joe Biden was hacked around 5:30 p.m. on Wednesday, with posting the fraudulent message asking followers to send Bitcoin.

https://twitter.com/NicoleSganga/status/1283513188399677441

Former President Barack Obama’s Twitter account was also included in the hack.

Twitter users reported that major cryptocurrency Twitter accounts were compromised as well, with major cryptocurrency exchanges Gemini, Coinbase, Binance, and Coindesk all tweeting links to a scam.

WARNING: @Gemini's twitter account, along with a number of other crypto twitter accounts, has been hacked. This has resulted in @Gemini, @Coinbase, @Binance, and @Coindesk, tweeting about a scam partnership with CryptoForHealth. DO NOT CLICK THE LINK! These tweets are SCAMS.

— Tyler Winklevoss (@tyler) July 15, 2020

Users established that the Bitcoin address posted by the hacked Twitter accounts is indeed real, “and there are transactions happening,” meaning people are sending the account Bitcoin.

However, tech reporter Ryan Mac notes that “It’s unclear if these transactions are legit,” and “Scammers often seed their own scams to give them the appearance of authenticity.”

https://twitter.com/RMac18/status/1283497505884237824

Twitter acknowledged the hack some time after it began, telling users they are “aware of a security incident” and are “investigating and taking steps to fix it.”

The big tech platform also advised users that they “may be unable to Tweet or reset your password while we review and address this incident.”

You may be unable to Tweet or reset your password while we review and address this incident.

— Support (@Support) July 15, 2020

This is a breaking news story and may be updated as additional information becomes available.

Tags: BitcoinCryptocurrencyTwitter
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