Bitcoin scam: Twitter accounts of Bill Gates, Obama, Musk and others hacked

By
AFP
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Twitter disabled the ability to tweet from validated accounts, those with the official blue checkmarks, for about two hours while working on a fix. Photo: Reuters

A number of high profile Twitter accounts belonging to Barack Obama, Elon Musk, Jeff Bezos, Bill Gates and others were hacked on Wednesday to solicit them into sending digital currency.

The list of accounts commandeered grew rapidly to include Joe Biden, Apple, Uber, bitcoin specialty firms and many others.

"Tough day for us at Twitter," chief executive Jack Dorsey said in a tweet.

"We all feel terrible this happened. We´re diagnosing and will share everything we can when we have a more complete understanding of exactly what happened."

The Biden campaign told AFP that Twitter locked down the hacked account quickly and removed the bogus tweet.

Twitter disabled the ability to tweet from validated accounts, those with the official blue checkmarks, for about two hours while working on a fix.

"Most accounts should be able to Tweet again," the Twitter support team said in an evening update of the situation.

"As we continue working on a fix, this functionality may come and go. We´re working to get things back to normal as quickly as possible."

The duplicitous posts, which were largely deleted, were fired off from the array of high-profile accounts telling people they had 30 minutes to send $1,000 in bitcoin in order to be sent back twice as much.

"This is a SCAM, DO NOT participate!" Gemini cryptocurrency exchange co-founder Cameron Winklevoss warned from his official account on Twitter.

"This is the same attack/takeover that other major crypto twitter accounts are experiencing. Be vigilant!"

BitTorrent chief executive Justin Sun is offering a $1 million reward for finding the Twitter hackers and bringing them to justice, according to media reports.

'Giving back'

The site Blockchain.com, which monitors transactions made in cryptocurrencies, said a total of 12.58 bitcoins, worth almost $116,000, had been sent to the email addresses mentioned in the fraudulent tweets.

The tweet that appeared on Musk´s Twitter feed said, "Happy Wednesday! I am giving back Bitcoin to all of my followers. I am doubling all payments sent to the Bitcoin address below. You send 0.1 BTC, I send 0.2 BTC back!"

It added that the offer was "only going on for 30 minutes."

The fake messages that appeared on the accounts of other famous personalities made similar promises of instant riches.

The account of US President Donald Trump, which has more than 83 million followers, was not among those hacked.

"Given the accounts that got hacked more recently (Apple, Uber, Gates, Musk, etc), I am now leaning towards this being an internal compromise of a Twitter system, not an API attack from a social aggregator service," bitcoin authority and author Andreas Antonopoulos said in a tweet from his @aantonop account.

Rachel Tobac of cyber-security firm SocialProof Security theorised that hackers got control of a Twitter employee's administrative access to "take over a prominent account and tweet on their behalf."

As evening arrived on Twitter home turf in San Francisco, the company continued to investigate what happened.

A version of the scam invited people to click on a link at which they would be exploited.

"All major crypto Twitter accounts have been compromised," Winklevoss warned in a tweet.

Among the hacked accounts was @gemini, used by the crypto-exchange, according to his twin brother and co-founder Tyler Winklevoss.

Twitter has been targeted by hackers in the past.

In March 2017, the accounts of Amnesty International, the French economics ministry and the BBC´s North America service were broken into by hackers believed to have been loyal to Turkish President Recep Tayyip Erdogan.

Last August, a series of insulting or racist messages were posted on the personal account of Twitter founder Dorsey without his knowledge.