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Scammers Managed To Hack Verified Twitter Accounts


Feb 27, 2018 Posted /  4013 Views


Scammers Managed To Hack Verified Twitter Accounts

Cryptocurrency crooks find Twitter a reliable platform to conduct scams as here they easily find fleeceable investors in search making instant money. Scammers pretend to be a public influencing figure and promise to give a number of times greater than the invested amount. In recent incidents, the scammers hijacked the verified accounts to enhance their credibility. In addition to it, this time crooks added fake replies to the post asking for donations. The scammers generated counterfeit replies where they claim that they have received the amount.

As per media sources, in a recent incident scammer succeeded in creating a fake verified account of TRON foundation (the organization behind TRX). Further, the crooks hacked the twitter account of Literacy Bridge, a Seattle based non-profit organization focusing on “improving the health, income & quality of life for the world’s most underserved communities.”

After hijacking Literacy Bridge account the hackers made desired changes to exactly look like original  Tron Foundation and changed the account’s handle to “tronfoundationl”- with extra ‘I.’ To accomplish their motive, the scammers replied to a tweet post by Justin Sun using TRON foundation fake account asking for a donation. Reportedly, the tweet received over 200 likes and retweets as well, presumably because of the blue checkmark. But some Twitter users spotted the difference and started spreading the word.

In an interview with Buzzfeed, a Twitter user who spotted the fake Tron Foundation stated:

“I saw it was a verified account so immediately was intrigued. To me, it was clear it was a scam, given that I have been encountering these for quite some time. But to others, given the verified account, I could totally see people falling for it.” - Geoff Goldberg

This was not an only effort by the swindlers. They managed to hack a London based luxury menswear designer team “adaxnik.” After getting the account under their control, the hackers followed the same steps.

To the recent incident TRON Foundation tweeted:

“Some individuals and groups have counterfeited TRON official account and published untrue information lately. Please identify our official accounts carefully based on the following picture, thank you for your cooperation and strong support.

@Tronfoundation @justinsuntron”

Twitter can have a share of the blame as the site should be able to remove the sign of verified accounts if the user changes his name. Binance CEO Changpeng Zhao recently got his twitter account verified and stated in response to the scams –

“DON'T TRUST ANYONE ASKING FOR OR OFFERING MONEY ON TWITTER.

DON'T TRUST ANYONE ASKING FOR OR OFFERING MONEY ON TWITTER.

DON'T TRUST ANYONE ASKING FOR OR OFFERING MONEY ON TWITTER.” [email protected]_binance


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Tags: cryptocurrency Hack Twitter Accounts

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