Twitter Hack: Elon Musk, Kanye West, Bill Gates, And More Hacked In Bitcoin Scam [Update]
A number of high-profile Twitter accounts have reportedly been accessed, all tweeting out the same Bitcoin address.
[Update: Verified accounts have once again been given the ability to tweet. The cause appears to be a hacker gaining access to Twitter's "admin" tool, which essentially gave them the ability to post from any account they wanted. Twitter said the perpetrators targeted employees who had access to "internal systems and tools" in order to gain entry.]
A number of high profile accounts have been hacked on Twitter, all tweeting out Bitcoin scams. Reported by CNET, the Twitter accounts of Bill Gates, Kanye West, Elon Musk, Apple, and other high profile and verified accounts have been compromised, all tweeting out a similar Bitcoin scam.
Kanye's since deleted tweet said "I am giving back to my fans. All Bitcoin sent to my address below will be sent back doubled. I am only doing a maximum of $10,000,000." The Bitcoin address given in the tweet was identical to the address in Gates', Musk's, and Apple's hacked tweets.
The official Twitter Support account posted a statement saying that they are aware of the issue and are investigating. Given the high-profile nature of all the accounts, including Barack Obama and Joe Biden, they most likely use two-factor authentication, so the hacked tweets are most likely not the result of their passwords being figured out.
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
A spokesperson for Gates confirmed that the tweet was not sent by Gates and it part of a larger issue that Twitter is aware of and actively dealing with.
NEW — statement from a spokesperson for Bill Gates.— Teddy Schleifer (@teddyschleifer) July 15, 2020
"We can confirm that this tweet was not sent by Bill Gates. This appears to be part of a larger issue that Twitter is facing. Twitter is aware and working to restore the account.” pic.twitter.com/v37Jvs76Jl
The official Cash App account also sent out a similar tweet, however it contained a different Bitcoin address. A number of crypto currency accounts, like Gemini and Coinbase, have also been compromised. It is currently unknown how all of these accounts are being accessed, but the large number of high-profile accounts being accessed suggests a serious security issue.
At the time of writing this, the scammers Bitcoin address has reportedly gained about $100,000 from the scams, according to the publicly visible transactions.
It's an actual wallet address and there are transactions happening. It's unclear if these transactions are legit. Scammers often seed their own scams to give them the appearance of authenticity. https://t.co/GUHEDaKNxu pic.twitter.com/xfhl3817xr— Ryan Mac 🙃 (@RMac18) July 15, 2020
You should be wary of any tweets you see related to sending Bitcoin to people and in the wise words of DrLupo,
Don't send money to a random Bitcoin address.— DrLupo (@DrLupo) July 15, 2020
While no high-profile gaming accounts have been hacked as of yet, the unprecedented attack has prompted some responses from those in gaming circles.
Tweets, huh?— Double Fine (@DoubleFine) July 15, 2020
I have decided to give back to the community.— Cory Balrog 🖖 (@corybarlog) July 15, 2020
Everyone who sends bitcoin to the following address will receive the answer to one question of their choice.
please send all the bitz coinage to:
As of about 3:20 p.m. PST, Twitter has locked all verified accounts from posting news tweets. It appears that verified users can still like and retweet, but cannot draft and post new tweets.
You may be unable to Tweet or reset your password while we review and address this incident.— Twitter Support (@TwitterSupport) July 15, 2020
This story is developing
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