The British Army’s official Youtube and Twitter accounts were compromised Sunday and hackers used them to promote crypto, including bitcoin and ether giveaway scams featuring Tesla CEO Elon Musk.
British Army’s Social Media Accounts Used to Promote Bitcoin, Crypto, NFT Scams
Sunday’s confirmation by the British Army that their official Youtube and Twitter accounts had been compromised was made clear by them.
The army’s verified Twitter handle with nearly 363K followers retweeted a number of posts promoting non-fungible token (NFT) scams before they were removed by Twitter. The banner image and profile photo of the account were modified to look more like NFT collection during the hack.
Meanwhile, the army’s Youtube account, which has 177K subscribers, was renamed “Ark Invest” and four live videos promoting bitcoin and ether giveaway scams were uploaded to the account. Scammers claimed that they would give twice as much bitcoin and ether if you send them money. These videos were filmed by Elon Musk (Tesla CEO), Jack Dorsey (ex-Twitter CEO) and Cathie Wood, Ark Invest CEO.
Scammers frequently use public figures or celebrities to advertise their crypto scams, especially Bitcoin and Ethereum giveaways.
Besides Musk, Dorsey, and Wood, other well-known people who have been featured in crypto giveaway scams include Microsoft co-founder Bill Gates, Berkshire Hathaway’s Warren Buffett, and Apple co-founder Steve Wozniak.
The U.S. Federal Trade Commission (FTC), revealed in June that over 46,000 individuals reported having lost more than $1 billion to cryptocurrency scams since last year’s beginning.
The spokesperson for the British Army was quoted by Reuters as saying: “We take information security extremely seriously and are resolving the issue. Until the investigation is complete it would be inappropriate to comment further.”
What do you think about hackers taking over the British Army’s social media accounts to promote crypto scams? Comment below.
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