After compromising the verified accounts, the scammers changed the name and profile picture to impersonate Tesla's CEO.
The names of several other notable figures have also been used in similar crypto scams.
This time, the scam was at least a bit more creative than usual - the scammers first hacked a real verified account, giving them control over a username that has the blue "verified" check mark next to it. Note the "Promoted" status at the bottom of the pitch.
The apparent error quickly came to the attention of pundits, who slammed Twitter for allowing an advertiser to pay for added visibility for the fake giveaway and for failing to spot its obviously fraudulent nature.
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Firefighters and first responders have arrived on scene and the Ventura County Sheriff's Office is working to secure the scene. USA fire department officials have reported multiple injuries in a shooting at a bar and dance hall in southern California .
On November 5, hackers hacked several confirmed Twitter accounts to impersonate Elon Musk. This account managed to earn more than United States dollars 2,500 (around 0.4 BTC) in 19 transactions, which happened in the span of three hours yesterday.
Both addresses continued to receive bitcoin transactions as of press time, though it's unclear at this time how many transactions are legitimate and which ones are meant to boost the address figures. One Redditor described their experience in falling prey to the scheme, having sent over 0.1 BTC for their part. The whole package asked users to submit a few Bitcoin to earn more in the end.
Although many have claimed that the hacker's "winnings" are well over $100,000, others aren't convinced that the BTC "Musk" garnered are from the pockets of naive investors, but rather, from the scammer/hacker's associates and accomplices. In fact, scams became so frequent on Twitter that Musk himself was briefly banned from the social media network.
Clothing retailer Matalan and Pathé United Kingdom, the British arm of the French filmmaker, were both targeted by the scammers, who took control of the brands' Twitter accounts and posted scam messages advertising the giveaway.
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Bassam Tlaib added that his niece had "stood against Trump" at a time when "even our Arab leaders are unwilling to face (him)". MA will also be getting its first black congresswoman while Arizona and Tennessee stand to elect their first woman senators.
In September 2018, the entrepreneur reached out to former Dogecoin developer Jackson Palmer for help on clearing his Twitter threads of crypto-centric scams.
With that said, Twitter's cryptocurrency scam problems continue to date, as attackers continue to develop new vectors to manipulate naive investors in the space.
"Around mid-day, Pallone's campaign handle, "@pallonefornj", was taken over. "You know you're important when someone takes the time to hack your account!".
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