{"id":268552,"date":"2020-07-17T13:10:11","date_gmt":"2020-07-17T17:10:11","guid":{"rendered":"https:\/\/insidebitcoins.com\/?p=268552"},"modified":"2021-09-14T10:20:51","modified_gmt":"2021-09-14T14:20:51","slug":"twitter-hack-draws-reactions-from-congress-and-the-fbi","status":"publish","type":"post","link":"https:\/\/insidebitcoins.com\/news\/twitter-hack-draws-reactions-from-congress-and-the-fbi","title":{"rendered":"Twitter Hack Draws Reactions from Congress and the FBI\u00a0"},"content":{"rendered":"

This week experienced what was most likely the most coordinated, high-profile crypto attempt in recent months, with hackers storming Twitter to steal Bitcoins.\u00a0<\/span>While resolutions are currently being made, investigators and the United States government are searching for answers of their own.<\/span><\/p>\n

Hacking the Bigshots<\/b><\/h2>\n

Twitter went into a meltdown on Wednesday after hackers managed to get into the accounts of several prominent people. These included billionaires like Microsoft founder Bill Gates, Tesla chief executive Elon Musk, and Amazon chief Jeff Bezos. Presumptive Democrat Presidential candidate Joe Biden also fell victim to the hacks, as did former President Barack Obama and model Kim Kardashian.\u00a0<\/span><\/p>\n

The hackers managed to play on these peoples\u2019 popularity to lure victims. Each message included a pledge to \u201cgive back,\u201d with the accounts claiming that they would return twice the Bitcoins sent to a specific address. In truth, once the victims sent the money, the criminals ran away with their funds.<\/span><\/p>\n

Security breaches like these aren\u2019t new to the crypto space. However, the hackers were hoping to capitalize on the widespread ignorance of many across the world. And while they didn’t manage to generate millions of dollars, they did convince victims to send over $100,000 before concerned parties raised alarm.\u00a0<\/span>Twitter immediately took action, suspending all verified accounts on its platform until its engineers could resolve the issue.<\/span><\/p>\n

Coordinating Responses from Everywhere<\/b><\/h2>\n

Responding to the hack, Twitter Support explained in a <\/span>series of tweets<\/span><\/a> that its help center had confirmed its cause.\u00a0<\/span><\/p>\n

\n

We detected what we believe to be a coordinated social engineering attack by people who successfully targeted some of our employees with access to internal systems and tools.<\/p>\n

— Support (@Support) July 16, 2020<\/a><\/p><\/blockquote>\n