Last week, Twitter suffered from an attack that compromised the accounts of many public figures and large companies, including Bill Gates, Elon Musk, Jeff Bezos, Apple and Uber, CoinDesk, Binance and Gemini, and so on.
The cybercriminals took advantage of the access to the top accounts by arranging a fake distribution of bitcoins. The scammers acted according to the classic scam scheme: on behalf of famous people and large companies, they asked to send them a small amount of cryptocurrency, promising to double and return any amount received.
The preliminary results of the investigation state that 130 accounts were hacked. For 45 of them, passwords were successfully reset and compromised. For 8 more accounts, the attackers downloaded all available account content using the Your Twitter Data function. Interestingly, none of these 8 accounts were verified (had no blue checkmark).
Alas, even in 2020, there were many people who believed that Bill Gates, Elon Musk and other famous people and companies suddenly started distributing bitcoins. Since all the hacked accounts used the same messages and the same bitcoin wallet, you can see that the scammers "earned" about 13 BTC, that is, about $ 120,000.
However, as it turned out now, this amount could have been much higher. Talking to reporters Forbes Philip Martin, director of information security for cryptocurrency exchange Coinbase, said that upon noticing the attack on Twitter and scammers' messages, the exchange employees immediately took a number of actions. In particular, Coinbase prevented 1,100 customers from transferring 30.4 BTC to the attackers' address, that is, approximately $ 280,000 at the current exchange rate.
According to Martin, only 14 Coinbase users managed to send bitcoins to the scammers' address (for a total of about $ 3,000) before Coinbase blacklisted him.
Other exchanges, including Gemini, Kraken and Binance, also reported that they blocked funds transfers to the hackers' wallet, although their users made far fewer transaction attempts than Coinbase users.
Forbes notes that blacklisting certain addresses (even if they are used by scammers and criminals) has already made the cryptocurrency community start talking about possible censorship from major exchanges and exchanges.