This article is more than 5 years old. See today’s top stories here.

Joe Biden, Elon Musk, Bill Gates And Others Hacked In 'Coordinated' Bitcoin Scam

Barack Obama, Jeff Bezos, Kanye West, Michael Bloomberg, Apple and Uber were also targeted in the massive cryptocurrency scheme.
LOADINGERROR LOADING

The Twitter accounts of Joe Biden, the presumptive Democratic nominee for president; former President Barack Obama; and at least three tech bigwigs — Tesla’s Elon Musk, Microsoft’s Bill Gates and Amazon’s Jeff Bezos — were hacked in a massive digital currency scam on Wednesday.

Twitter said the hack appeared to have been a “coordinated social engineering attack by people who successfully targeted some of our employees with access to internal systems and tools.”

Musk’s Twitter account posted multiple messages on Wednesday afternoon promising to “double” payments to his bitcoin address, also known as a BTC address.

Biden’s and Gates’ account posted a similar message, telling followers: “If you send $1,000, I will send back $2,000.”

Joe Biden's Twitter account was apparently hacked on Wednesday.
Twitter
Joe Biden's Twitter account was apparently hacked on Wednesday.

Bezos’ account also vowed to double payments sent to his BTC address. “I am only doing a maximum of $50,000,000,” a tweet on the Amazon founder’s account said.

An identical BTC address was posted to all three accounts.

Crypto scammers hack Elon Musk, Biden, Obama, and Kanye on Twitter@TwitterSupport says "We are aware of a security incident impacting accounts on Twitter. We are investigating and taking steps to fix it."https://t.co/fWBBPxzzST pic.twitter.com/WDYN4phBXW

— Engadget (@engadget) July 15, 2020

jfc pic.twitter.com/xLUmAuhBzl

— Ryan Mac 🙃 (@RMac18) July 15, 2020

As BuzzFeed tech reporter Ryan Mac noted, the posted BTC address did appear to be receiving bitcoin on Wednesday but said it was hard to say whether those transactions were being seeded by the scammers themselves or being sent by people who may have been duped.

“This goes without saying, but do not send the account money,” Mac warned.

The New York Times said at least $100,000 had already been stolen as part of the scheme.

It's an actual wallet address and there are transactions happening. It's unclear if these transactions are legit. Scammers often seed their own scams to give them the appearance of authenticity. https://t.co/GUHEDaKNxu pic.twitter.com/xfhl3817xr

— Ryan Mac 🙃 (@RMac18) July 15, 2020

CNBC reported that similar tweets promising a doubled return had appeared on the verified accounts of several major tech companies, including Apple, Uber and Cash App. Rapper and producer Kanye West and former New York City Michael Bloomberg also appear to have been targets.

Hours after the attack, Twitter said the hackers had managed to “take control of many highly-visible” accounts and tweet on their behalf.

It added that it “immediately locked down the affected accounts” and later limited access to the platform “for a much larger group of accounts,” including all verified accounts.

Once we became aware of the incident, we immediately locked down the affected accounts and removed Tweets posted by the attackers.

— Twitter Support (@TwitterSupport) July 16, 2020

We also limited functionality for a much larger group of accounts, like all verified accounts (even those with no evidence of being compromised), while we continue to fully investigate this.

— Twitter Support (@TwitterSupport) July 16, 2020

Rachel Tobac, CEO of cybersecurity company SocialProof Security, told NBC News the hacking scheme was likely the largest such attack that Twitter had ever experienced.

“I’m surprised Twitter hasn’t gone completely dark to prevent misinformation campaigns and political upheaval,” she told the network. “We are lucky the attackers are going after bitcoin ... and not motivated by chaos and destruction.”

This post has been updated with Twitter’s statement and other information about the bitcoin scheme.

Close

MORE IN Tech

MORE IN LIFE