Attackers hack US High-profile Twitter accounts and use them in scam

On Wednesday afternoon, Attackers hacked High-profile Twitter accounts and started sharing a scam involving Bitcoin using these accounts. The hacked accounts include @binance, @bitcoin, @coinbase, @coindesk, and @ripple soon spread message saying, “We have partnered with CryptoForHealth and are giving back 5000 BTC to the community.” This message is followed by a link that won’t be mentioned here.

In the cryptocurrency scam, the attackers promise to give away up to 5, 000 Bitcoins to those sending between 0.1 BTC to 20 BTC to the contribution address. They have managed to collect 11.39174745 BTC (which amounts to roughly $105,000) using one of the address used in the scam.

The hacked accounts also include @Uber, @Apple, @Bitcoin, @BarackObama, @JeffBezos, @JoeBiden, @elon_musk, @BillGates. There is no information how these accounts were hacked. However, the theories range between compromise of a third-party application to the use of Twitter’s password-reset form to gain access. Also, it has been reported that the attackers changed the email address of the hacked accounts to block the rightful owners to take complete control over the profiles.

However, it seems that the main reason why this hacks could occur is because of hacked Twitter back end admin panel as the Twitter subsequently deleted tweets containing a screenshot of it, leaving a message behind that says This Tweet violated the Twitter Rule.