Renowned billionaire Elon Musk’s Twitter account was apparently hijacked recently following a series of attacks on crypto-related accounts, including leading exchanges like Binance, Coinbase, and Gemini. Other handles compromised included the official @Bitcoin Twitter account.
Musk’s account pinned a tweet to his feed at 4:17pm ET that suggested that the entrepreneur would double any Bitcoin transferred to a mentioned wallet address.
Musk has, within the past, discussed cryptocurrencies on his Twitter feed, suggesting that he owns solely 0.25 Bitcoins.
Scammers are known to use this system to dupe Bitcoin owners into sending irreversible transactions to a digital wallet.
Bill Gates’ account was also targeted as the attack continued. While the attackers initially targeting cryptocurrency-native accounts, they expanded to technology leaders including Jeff Bezos of Amazon, then to celebrities like Kanye West.
Just after ten minutes, the wallet address that was posted on Musk’s account already contained 3.64 Bitcoins, worth $34,498 USD at the reporting time. Before Musk’s account being hacked, the wallet had only received 0.6527 Bitcoins after being posted on the hacked accounts of anonymous exchanges.
Numerous other accounts within the cryptocurrency space had already been accessed by the apparent hack, along with the leading exchanges within the crypto space. Binance and Coinbase have 2.2 Mln Twitter followers between them, although Musk’s account is an order of magnitude larger, with 36.9 Mln followers.
While the first tweet was soon deleted, an another version popped up again within seconds, suggesting that the attack was ongoing.