Unfortunately, Twitter has been constantly in news for the scandals and scams going on in cryptocurrency through it. Recently, another disturbing news came out. As per that news, a Twitter account of a business magnate Elon Musk got hacked and offered free bitcoin and Ethereum. Apparently, the account they hacked had 22.5 million followers.
What is the complete story???
Elon Musk is a CEO and co-founder of Tesla. Recently, he has become a victim of hacking and while he was busy posting philosophical tweets, his impersonator joined a thread line giving away the Cryptocurrency tips.
As per the information that media sources came up with, the fake account owner stated that they are planning to add on bitcoin and Ethereum payment methods as one of the moving ahead step. Although this news is spreading real fast yet there is no surety about its authenticity.
There are many people who have accused Musk of stealing from people. This is not the first time someone got accused of using Twitter to strike fraud in cryptocurrency. There are many accounts that belong to cryptocurrency sharks that have been hacked. Among those celebrities is Ethereum co-founder Vitalik Buterin.
See What Twitter has to say about this?
In light of recent events, Twitter has responded back with the statement – we quote
“We’re aware of this form of manipulation and are proactively implementing a number of signals to prevent these types of accounts from engaging with others in a deceptive manner.”
A Free Cryptocurrency Scam
At present, there are 100s of accounts that have been hacked on Twitter. The hackers have managed to find a way or another to lure the victims for cryptocurrency fraud. The tricks of hackers have been successfully working and Twitter has been unable to prevent these frauds in cryptocurrency. This is not the first time anything like this fraud has taken place.