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Hackers Have Taken Bitcoin Scams to the Next Level via Twitter Breach

Updated: May 1, 2023

"Using fake or hacked accounts of high-profile celebrities and brands has been an old trait of cybercriminals to lure victims into various scams. But this time, the massive coordinated attack on the Twitter accounts of the world’s most recognized brands could be called the worst hack of a major social media platform yet.

Largest ever crypto scam via Twitter

Some hackers took the cryptocurrency scams to a new level, by hijacking the Twitter accounts of a large number of high-profile celebrities and brands and abusing them in a coordinated manner to promote the scam within a duration of a few hours."

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