On Wednesday, in a Bitcoin scam, dozens of high-profile verified Twitter accounts including Barack Obama, Bill Gates, Jeff Bezos, Elon Musk, Kanye West, Warren Buffet were hacked.  Twitter completely disabled the ability for these accounts to send new tweets.

The cryptocurrency scam may have netted upwards of Rs. 90 lakh in a matter of 2 hours.

The Bitcoin Scammers circulated spam messages from their profiles asking people to donate money to a Bitcoin wallet address embedded as a link.  So no, sending your bitcoin to a random digital address will not result in twice as much bitcoin being sent back to you.

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Many on Twitter were amused by how the hackers had silenced some of the biggest voices with one more.

Some of our employees with access to internal systems and tools were successfully targeted by these hackers and we believe its a coordinated social engineering attack, Twitter said.

Trolling and online skepticism was fuelled by this attack.

Twitter Security system’s vulnerabilities were also exposed by this high profile attack. It is one of Twitter’s worst infringements of privacy.

Twitter tweeted that some users may be unable to tweet and while Twitter works to correct the situation, password resets may be disabled for a while.

A now-deleted tweet from Musk’s account read that I’m feeling generous because of Covid-19. I’ll double any BTC payment set to my BTC address for the next hour. Good luck, and stay safe out there!

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