The Twitter TWTR accounts of major public figures, including billionaire philanthropist Bill Gates and Tesla TSLA chief executive Elon Musk, have been hacked and used to post scam bitcoin giveaways. The compromised Twitter accounts, including some high profile bitcoin and cryptocurrency industry accounts, posted similar messages within minutes of each other early Wednesday evening inviting Twitter users to claim high-value rewards. Biden and others had their Twitter accounts hacked, briefly letting the perpetrators post scam messages on their own behalf. Twitter / @BillGates"We have partnered with CryptoForHealth and are giving back 5,000 BTC," one of the hacked Twitter accounts posted along with a link to a scam website. magazine found those who have fallen victim of one particular bitcoin scam reported individual losses of up to $250,000.

Source: Forbes July 15, 2020 21:04 UTC