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Prominent Twitter accounts hijacked in crypto scam; Elon Musk and Warren Buffett among victims

Hackers compromised dozens of high-profile Twitter Inc. accounts late Wednesday in an tried cryptocurrency heist, and the positioning gave the impression to be spending the afternoon taking them down and disrupting verified customers in the method.

One of the primary suspect tweets got here from the Twitter account of Tesla Inc.
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Chief Executive Elon Musk, who is thought for his often-colorful tweets.

It learn: “Feeling greatful [sic], doubling all payments sent to my BTC address! You send $1,000, I send back $2,000! Only doing this for the next 30 minutes.” The tweet, one among many from Musk’s account that have been rendered inactive quickly after being posted, listed a hyperlink to a bitcoin
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account.

From there, the listing of compromised accounts grew right into a veritable Who’s Who on Twitter. The firm put out an announcement, saying “We are investigating and taking steps to fix it.” Verified Twitter customers, those with the blue test mark, gave the impression to be unable to publish to the positioning after Three p.m. Pacific time Wednesday, greater than two hours after the tweets started. By 3:40 p.m., some verified customers have been capable of tweet once more, however service remained spotty.

Shares of Twitter
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sank greater than 4% after hours and have been final down 3.5%, following a 3.8% rise to shut the common session at $35.67. A decline of that magnitude would wipe away greater than $1 billion from Twitter’s market capitalization.

Other Twitter accounts that have been compromised embrace Microsoft Corp.
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founder Bill Gates, Apple Inc.’s
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account that had by no means earlier than posted a tweet, Berkshire Hathaway Inc.’s
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Warren Buffett, Amazon.com Inc.’s
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Jeff Bezos, musician Kanye West, Democratic presidential candidate Joe Biden and former President Barack Obama, in addition to former presidential candidate Mike Bloomberg.

Uber Technologies Inc.
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+6.07%
stated its company account was hit as properly, and posted an announcement to Twitter.

As with the Musk tweets, Twitter appeared to take the rip-off tweets down moments after they went up.

According to CoinDesk, Twitter accounts for cryptocurrencies and crypto influencers equivalent to Gemini, Binance, KuCoin, Coinbase, Litecoin’s Charlie Lee, Tron’s Justin Sun, bitcoin, Bitfinex, Ripple, Cash App, and CoinDesk, have been additionally compromised. BitTorrent additionally confirmed the hacks and stated it was working with Twitter to return its accounts to regular.

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