Bitcoin Scammers Hacked Google and Under Armour’s Twitter Account To Falsely Lure Investors

by | Nov 14, 2018 | Bitcoin, Cryptocurrency, Cryptocurrency News

Google | Bitcoin | Bitcoin Scam | Target | Twitter Hack

Bitcoin News: Scammers or fraudsters often target the gullibility of someone to lure them into their malicious schemes. Falling prey to the hackers ill intentions, multiple high-profile Twitter accounts including Google, Under Armour and Target has become victim to a string of cryptocurrency-related hackings. The attackers hack such Twitter account and invite their followers to participate in a Bitcoin giveaway scam.

Bitcoin scammers successfully managed to hack several major Twitter verified accounts to lure the loyal list of their respective followers into a false bitcoin giveaway scheme. The trust factor these accounts have earned over the years in the users, along with the lucrative offer of making some profits, enables the scammers to fool around with innocent investors.

Bitcoin Twitter Scams

Target

Unsuspected users saw an ad in their timelines as a promoted tweet, that stated that Target would be handing out 5,000 bitcoins in “the biggest crypto-giveaway in the world.” This tweet further invited users to deposit a small portion of bitcoins in receive for a large sum in return.

A similar scam was performed on the account of Elon Musk. The hacker simply gained accessed to verified Twitter accounts, played around to impersonate Musk, to tweet an ad that would appear on timelines of unsuspecting Twitter users.’

As for the target account, the scammer managed to send out a promoted tweet and reply to the tweet with several other hacked verified accounts that provided their false ad with an air of legitimacy.

The list of compromised accounts includes Universal Music Czech Republic, the Body Shop, the University of Toledo’s Athletics Department, and Under Armour Baseball Japan. Comments like  “Yes, this is a good innovation, thanks for distributing bitcoins!”, were published on Target’s tweet. Notably, the scammers stepped up their game by forging a comment from  the United Nations Refugee Agency in Serbia stating “Great innovation, now I can pay for my purchases using Bitcoin, thank you Target.com!

Reportedly, the company confirmed that the tweet remained on its feed for approximately half an hour. Though it was soon deleted, the ad managed to gain over 80 retweets and 490 likes before its removal.

Google

Notably, the time difference between the Target and the Google hack wasn’t much, just mere hours.

The official G Suite Twitter account advertised the following message to hundreds of thousands of users: (The screenshot was shared by Ernst Mulders with thenextweb.com

Though the above screenshot suggests that the Tweet remained on G Suite’s feed for at least 11 minutes before it was taken down. Though the exact time that the tweet managed to float is not known as of now. No official statement has been released from Google or Twitter’s side.The list of hack victims, that includes numerous retail giants, politicians, and government accounts, has been multiplying at an alarming pace. Though Twitter did claim that it is taking measures to curb such cryptocurrency-related breaches on its platform, it seems the platform’s efforts are failing in front of the “Mad Skillz” of the scammers, as quoted by  Musk. Notably, the current set of hacks is amongst the most advanced iterations yet.Read more: Cryptocurrency Miners Hacks Indian Government Websites

Arshmeet Hora

The idea of expressing one’s views and reviews through words is beyond intriguing. What started as a creative let out has now become a passion and a profession for Arshmeet K Hora. In her own words ” with every word, every article that I write, my passion towards this medium has grown stronger.”  Arshmeet covers latest crypto news and updates as well as what happening new revolving around Blockchain Technology.

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