In line with a recent news reported by a native Indian news outlet ‘Indian Express’, national cricket organization of South Africa ‘CSA’ fell victim to scammers on Twitter and started promoting a faux Bitcoin [BTC] lottery.
CSA [Cricket South Africa], that has over one million followers, tweeted its alleged participation within the scheme in the early morning yesterday.
Staff claimed the organization had begun a partnership with Luno, a United Kingdom-based crypto wallet, via which users might win a prize worth of 20 Bitcoins [BTC] (around $80,000 USD).
The now-deleted tweet enclosed a Bitcoin wallet ‘address‘ to which those wish to be linked ought to send a 0.01 BTC, and was active for around 5 hours.
“Apologies to all our Twitter followers who were victim to the hack nightlong, ” CSA lately wrote in an exceedingly follow-up tweet after confirming their Twitter account was back under their management.
In a separate message, Luno conjointly confirmed the news wasn’t authentic, ‘stating‘:
At the reporting time, a separate ‘tweet‘ from PPC Newlands Cricket concerning the faux BTC giveaway from CSA was still live.
The Bitcoin address used for this lottery contained a balance of 0.02 BTC [$70 USD] at press time, suggesting solely 2 Twitter users sent funds.
The episode adds to the tally of scams involving the cryptocurrency world and Twitter, the social media platform having gained one-thing of a fame for the practices over the past year.
As reported by EtherDesk earlier, well renowned figures like ‘Elon Musk‘, Vitalik Buterin have voiced concern concerning this issue, which incorporates mass armies of bots along with fake accounts promoting tweets about fake giveaways.
While the platform has aforesaid it’s still ‘trying‘ to figure out the matter, the bots persist research suggesting proof of an in-depth network that adapts to conditions to avoid being shut down.