Numerous High-profile Twitter Accounts Hacked In Crypto Scam

Among the accounts hacked were Apple, Elon Musk and Joe Biden in a broadly targeted attack that remained unclear hours after the event.

On Wednesday, numerous high-profile Twitter accounts were hacked collectively by attackers who used the accounts to spread a cryptocurrency scam. Some of these accounts have millions of followers.
 
Among the accounts hacked were Apple, Elon Musk and Joe Biden in a broadly targeted attack that remained unclear hours after the event, Reported Tech Crunch.
 
Twitter first confirmed the situation at 14:45 p.m., calling it a "security accident." 
 
The compromised accounts were used to post a message promoting the address of a bitcoin wallet with the claim that the amount of any payments made to the address would be doubled and sent back. This has been a known cryptocurrency scam technique. High-profile Twitter accounts like Kim Kardashian West, Jeff Bezos, Bill Gates, Barack Obama, Wiz Khalifa, Warren Buffett, YouTuber MrBeast, Wendy’s, Uber, CashApp and Mike Bloomberg were also used for the cryptocurrency scam.
 
Source: Twitter
 
According to the report, the main blockchain address used on the scam site had already collected more than 12.5 bitcoin which amounts to some $116,000 in US Dollar, and it was going up by the minute.
 
Tech Crunch reported that an internal Twitter admin tool was leveraged by the hacker to gain access to high-profile account. Twitter itself announced on Wednesday evening that "a coordinated social engineering attack" against employees gave hacker "access to internal systems and tools."
 
In the initial wave of scam messages, @ripple, @bitcoin, @coindesk, @coinbase and @binance were hacked with the same message: "We've partnered with CryptoForHealth and are giving the community back 5000 BTC," accompanied by a link to a website. The linked site was pulled offline quickly. Kristaps Ronka, Namesilo's chief executive, the domain registrar used by the scammers, told TechCrunch the company disabled the domain "on the first report" it got. Hacked accounts switched to sharing several bitcoin wallet addresses as the incident progressed, making it harder to figure things out.
 
At first, some of the compromised accounts seemed to be back under the control of their users, as tweets were quickly deleted. But instead, after his initial tweet with the scam was deleted, Elon Musk's account tweeted "hi." The "hi" tweet also went missing. Twitter users reported seeing the platform's error messages as the situation unfolded.
 
Several authenticated Twitter users reported being unable to tweet as the problems persisted. By 3:15 p.m. PT, the official Twitter Support account stated "[Users] may be unable to Tweet or reset your password while we review and address this incident."