Another Crypto Twitter Hack – Vertcoin’s official twitter account gets hacked

Another Crypto Twitter Hack – Vertcoin’s official twitter account gets hacked

News Scam
May 2, 2018 by Ramaa Mohan
305
Another day, another scam. Just days after the Telegram Twitter hijack, Vertcoin’s official handle on Twitter was hacked and another free giveaway was announced. The tweet said that Vertcoin was pleased to announce a 10 BTC giveaway on sending 0.005 to a particular wallet. Hey, everyone! Vertcoin and staff are pleased to announce that we’re
Vertcoin Twitter Hack

Another day, another scam.

Just days after the Telegram Twitter hijack, Vertcoin’s official handle on Twitter was hacked and another free giveaway was announced. The tweet said that Vertcoin was pleased to announce a 10 BTC giveaway on sending 0.005 to a particular wallet.

However, before anybody could fall for the scam, the project lead James Lovejoy, called the tweet out for the fraud it was on the thread itself.

This is the second time that a verified Twitter account has been used to propagate a scam. A similar thing happened to Telegram only a couple of days ago, when Pavel Durov announced that they were having issues with the servers, a group of scamsters hacked a verified Swedish band’s account, cloned it to look legit and announced a give away of 1000 BTC and ETH for their customers support.

This was a successful scam, because it was live for almost thirty minutes before people realised it was a scam and by the time the scammers had already managed to make one full bitcoin.

Scams are everywhere and they happen all the time. The cause to be worried here with respect to these two Twitter hijacks in particular is that both the accounts that were hacked and compromised. Twitter has been contacted in both cases. It should also become a general thumb rule that ALL giveaways are fake. No one gives anyone ‘free BTCs and ETHs’.

Add a comment

Join Us
AND GET OUR LATEST CONTENT IN YOUR INBOX

SUBSCRIBE 
Your information will never be shared
In a hurry?
No problem, let us help you stay updated!
Subscribe to receive weekly Cryptocurrency News, Articles, Trading Recommendations and ICO Reviews directly to your inbox.
Yes, Subscribe Me!
No Thanks!
close-link

Share This

Share this post with your friends!