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Apple, Elon Musk, Kanye West and other accounts tweet a Bitcoin scam in a giant Twitter hack

Elon Musk’s Twitter account has been seemingly compromised by a hacker who wants to use it to perform a bitcoin scam. Microsoft co-founder Bill Gates also seemingly had access to his account by the same con man, who posted a similar message with an identical bitcoin wallet address.

Both accounts continue to post new tweets promoting the scam almost as quickly as they are removed. Shortly after the first wave of tweets, comments from Apple, Uber, Amazon CEO Jeff Bezos and hip-hop magnate Kanye West have also been compromised and the show is widely promoting the operation, but it seems big companies and extremely high profile individuals, which suggests that someone has found a serious security breach in the Twitter sign-up process or accesses the administrative rights of a Twitter employee.

The account of Tesla’s CEO sent a mysterious tweet this afternoon at 4:17 PM saying, “I feel generous because of Covid-19. I will double every BTC payment sent to my BTC address in the next hour. Good luck and stay safe there! The tweet also included a bitcoin address, believed to be an address associated with the hacker’s crypto wallet.

The tweet was then removed and replaced with another that more clearly outlined the fake promotion. “I am thankful for doubling all payments sent to my BTC address! You send $ 1,000, I’ll send $ 2,000 back! I’m only doing this for the next 30 minutes, ”read it before it was also removed.

The tweet on Gates’ account repeated the last Musk tweet, with an identical BTC address attached. It was also removed shortly after posting, only to have a similar post in its place.

At least one other account, that of Square’s Cash app, also appears to have been hacked. However, it’s not clear if the culprit is the same or if this is a form of coordinated scam on behalf of a group, as the tweet included a different BTC address than the one on Gates and Musk’s accounts.

In addition to the Cash app, popular crypto Twitter accounts were also compromised, including those of Cameron and Tyler Winklevoss’ Gemini cryptocurrency exchange and widely used wallet app Coinmbase. Cameron Winklevoss claims that the Gemini account was protected by two-factor authentication and used a strong password, and the company is now investigating how it got hit.

In fact, some people fall for the scam and send money to the associated BTC addresses, such as records of the transactions are public due to the nature of the blockchain-based cryptocurrency. So far, the scammer appears to have made over $ 55,000.

Musk has long been the target of bitcoin scammers on Twitter, many of whom create fake accounts designed to resemble the entrepreneur and respond to his tweets that promote the scam so as to make them appear legit. In fact, Twitter went so far as to begin locking down some accounts that changed their name to “Elon Musk,” and the company selected cryptocurrency scammers in the spring of 2018 as a source of known manipulation and deception that the goal was to take out. banned by prohibitions and other mitigation strategies.

Neither Tesla nor Twitter immediately responded to requests for comment.

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