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Unprecedented Twitter Breach: Barack Obama, Jeff Bezos, Joe Biden, Dozens of High-Profile Accounts Compromised in Bitcoin Giveaway Scam

Key Takeaways

  • The CryptoForHealth rip-off has affected a minimum of 24 movie star and company accounts on Twitter
  • Tweets from the compromised accounts invite customers to donate to a fraudulent Bitcoin giveaway supply

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Billionaires, politicians, and celebrities had been victimized in a large-scale phishing marketing campaign with the hackers defrauding individuals for over $100,000 in Bitcoin.

Hackers used their entry to trick individuals into collaborating in a faux Bitcoin giveaway.

New Victims Revealed

The assault has focused many cryptocurrency-related accounts. The newest checklist of victims contains Kraken, Coinbase, TRON Foundation, Bitcoin, Binance, Bitfinex, Ripple, Gemini, KuCoin, Vitalik Buterin, Justin Sun, Changpeng Zhao, and Charlie Lee.

Corporate accounts which have fallen sufferer to the assault embrace Uber, Bloomberg, Square’s CashApp, and Apple. Compromised movie star accounts embrace Bill Gates, Barack Obama, Joe Biden, Kanye West, Jeff Bezos, Mike Bloomberg, and Elon Musk.

The compromised accounts have deleted the phishing tweets and proceed to function as common.

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What Happened?

Twitter has not defined the assault. However, it seems that Twitter’s inner worker panel was accessed by the attacker, giving them entry to each Twitter account.

The attacker could have gained entry to the panel by shopping for a Twitter worker’s login credentials on the black market, although it isn’t clear if any worker logins have been leaked.

In response to the hack, Twitter has began to restrict account exercise on its platform, limiting customers from tweeting.

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Twitter error message in response to Tweeting
Twitter error message in response to Tweeting

It’s attainable that Twitter was not hacked immediately. Instead, an middleman service that automates Twitter posts, like Hootsuite, might have been compromised, which might give the attacker solely partial entry to accounts (solely giving the hackers posting permissions, for instance).

The CryptoForHealth area is registered to a reputation and tackle in California. However, that is doubtless faux data or data additionally bought on the black market.

Scope of the Attack

So far, the attacker’s Bitcoin address has obtained greater than 12.eight BTC ($110,000) in only a few hours. Typically, phishing campaigns don’t go to the difficulty of hacking accounts immediately. Instead, they often depend on nearly-identical however separate accounts to put up fraudulent giveaway gives. The blue checkmark on Twitter accounts, in addition to their restricted attain makes impersonating high-profile accounts largely ineffective.

Though as we speak’s assault has been surprisingly profitable, dozens of related scams on Twitter and YouTube have introduced in tens of millions of {dollars} value of Bitcoin. Today’s hack doesn’t seem like particularly worthwhile in comparison with different schemes.

Instead, the truth that Twitter itself could have been compromised is the important facet of the assault. The occasion has induced Twitter’s inventory market worth to plummet in after-hours buying and selling, dropping almost 3% with TWTR falling from $35 to $34 inside hours.

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