- A number of Twitter accounts have been hacked by scammers.
- Peter Schiff’s account was additionally hacked.
A number of Twitter accounts owned by main figures within the cryptocurrency business have been victimized by a bunch of scammers. These scammers used compromised accounts to unfold phishing scams that resulted within the theft of roughly $1 million in crypto property.
Over the previous few weeks, we have seen at least eight account takeovers related to the identical group of scammers, as evidenced by how their addresses are linked on the chain.
I hope @TwitterSafety Practically seven figures have been stolen, so every assault is beneath shut scrutiny. @Miramurati… pic.twitter.com/ypnqyb5oNy
— Zach XBT (@zachxbt) June 8, 2023
By way of a useful Twitter thread, ZachXBT highlighted the invention of a number of “chained” wallets which might be intricately linked to phishing scams being propagated via compromised accounts. Among the many people whose accounts have been compromised are Pudgy Penguins founder Cole Villemain, DJ and NFT collector Steve Aoki, and Bitcoin Journal editor Pete Rizzo.
Peter Schiff, a well known gold advocate who publicly opposes cryptocurrencies, skilled a safety breach. His account was hacked to endorse questionable hyperlinks associated to tokenized gold within the context of decentralized finance.
In a sequence of 40 assaults, hackers managed to steal round $400 million from numerous cryptocurrency tasks. The report mentioned there was a big 70% drop in stolen funds in comparison with the identical interval in 2022.
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