Social Media

Twitter acknowledges ‘security incident’ as high profile accounts reportedly hacked in bitcoin-related scam

Obama, Gates, Musk & other high profile Twitter accounts reportedly hacked by bitcoin scammers

Twitter says it’s “aware of a security incident impacting accounts” as the accounts of high profile individuals such as Barack Obama, Bill Gates, and Elon Musk are reportedly hacked in an apparent bitcoin-related scam.

The list of high profile accounts continues to mount, but so far there has been no official comment from Twitter on the severity of the attack at the time of this publication, but the social media company issued a brief statement saying it was “aware of a security incident impacting accounts” on the platform.

Since most of the posts have already been deleted, users are sharing screenshots of the alleged hacked tweets, which make them more time-consuming to verify.

It has been reported that in addition to Musk, Gates, and Obama that the Twitter accounts of Kanye West, Jeff Bezos, and Joe Biden were also compromised in what The Verge called “one of the most widespread and confounding hacks the platform has ever seen.”

The tweets in question all had similar wording and messaging — that the high profile individual was “giving back” and anyone who sent them bitcoin would receive double in return, but only within a 30 minute time frame.

How many people fell for the scam is anyone’s guess.

Update, July 16: BBC reports, “There are conflicting accounts of how much money the hackers have made and even when a figure is settled upon, it’s important to remember that cyber-criminals are known to add their own funds into their Bitcoin wallets to make the scam seem more legitimate.”

Tim Hinchliffe

The Sociable editor Tim Hinchliffe covers tech and society, with perspectives on public and private policies proposed by governments, unelected globalists, think tanks, big tech companies, defense departments, and intelligence agencies. Previously, Tim was a reporter for the Ghanaian Chronicle in West Africa and an editor at Colombia Reports in South America. These days, he is only responsible for articles he writes and publishes in his own name. tim@sociable.co

View Comments

  • Respectfully, they're not 'bitcoin scammers'. They're scammers who happen to use bitcoin as a means of payment. In the same way as we wouldn't call them 'cash scammers' if the means of payment employed was cash.

Recent Posts

‘Enormously intrusive’ collaborative sensing is beneficial to society: WEF podcast

The massive city-wide surveillance that collaborative sensing requires is a tremendous temptation for tyrants: perspective…

1 day ago

AI set to transform Product Development Lifecycle with new software engineering workbench

Innovation in software can lay claim to the very solutions that today have become the…

4 days ago

The Sociable’s 50 Under 50 Enterprise Executives

Rising from a decade of economic ambiguity, technological disruption, and the lingering specter of a…

4 days ago

UN to create taskforce on ‘disinformation’ affecting its mandate: Global Risk Report

Addressing disinformation has little to do with getting to the truth and everything to do…

4 days ago

Horasis addresses global turbulence with assembly of influential leaders in São Paulo, Brazil this October

After many years of relative stability, it seems clear we are now in a period…

1 week ago

A cyberattack or software update could trigger a robot insurgency: RAND

A future cyberattack or software update could trigger a robot insurgency, according to a report…

1 week ago