The Bitcoin Twitter scam which managed to compromise several major companies and verified accounts apparently came from a third-party app, according to a new report by the tech outlet The Next Web (TNW). The report is everywhere in the global crypto news in which a Twitter spokesperson has confirmed that the attack came from an outside software provider and not from Twitter’s own system (as it was previously claimed).
The spokesperson also explained that the attackers exploited a third-party marketing solution in order to launch a Bitcoin (BTC) gateway from several verified accounts, such as Google’s G Suite and major US department store retailer Target.
Moreover, the information was implicitly confirmed by Target and the representatives told TNW that the hackers used a third-party marketing app which was authorized to post content on Target’s behalf.
As reported previously in an official crypto press release, the hackers took over G Suite and Target accounts (800,000 and 1.92 million followers on Twitter) and posted malicious gateway links. The messages published by G Suite account users falsely claimed that users could make payments in G Suite using cryptocurrencies.
This is not the first time Bitcoin scammers are taking a hold of famous accounts and doing malicious activities. Previously, they posed as Elon Musk for several times and many other similar scenarios as seen in our Bitcoin Scams section.
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