FBI Investigates the Bitcoin Scam on U.S. Biggies Twitter Handles

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FBI Investigates the Bitcoin Scam on U.S. Biggies Twitter Handles

The FBI (Federal Bureau of Investigation) has begun a thorough investigation of one of the biggest cyber scams on Twitter’s high-profile accounts. 

While the investigation, the bureau said- “The accounts appear to have been compromised in order to perpetuate cryptocurrency fraud,” Source: BBC. 

Among all the celebrities and high profile personalities, Joe Biden, Elon Musk, and Bill Gates said it was a “coordinated” cyber attack. 

The accounts of these personalities were updated with a tweet asking for donations in the cryptocurrency. 

Microsoft Founder, Bill Gates twitter handle said- “Everyone is asking me to give back. You send $1,000; I send you back $2,000.” Source: Twitter. 

However, the tweets by the hackers were soon removed from the respective accounts. 

After the scam, Twitter came forward and said that the hackers targeted its employees “with access to internal systems and tools”. Source: BBC. 

In this regard, Twitter tweeted- “We know they [the hackers] used this access to take control of many highly-visible (including verified) accounts and Tweet on their behalf,” Source: BBC. 

On this, the U.K.’s National Cyber Security Centre said that they have reached out to a tech firm. Further, their statement read- “We would urge people to treat requests for money or sensitive information on social media with extreme caution,” Source: BBC. 

The U.S. politicians raised questions on Twitter’s security arrangements. Republican Senator Josh Hawley wrote to the tech company asking if President Donald Trump’s account is vulnerable. Further on this, the White House said- President Donald Trump’s account would not have compromised. 

Senator wrote to the tech firm- “It cannot be overstated how troubling this incident is, both in its effects and in the apparent failure of Twitter’s internal controls to prevent it,” Source: BBC. 

For more updates, stay tuned with us!

Source: BBC