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Fake Elon Musk Accounts on Twitter Promote Bitcoin Scams, One Collects $170K

Published 11/05/2018, 06:59 PM
Updated 11/05/2018, 07:20 PM
© Reuters.  Fake Elon Musk Accounts on Twitter Promote Bitcoin Scams, One Collects $170K
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Several verified Twitter accounts have been hacked to impersonate Elon Musk today, Nov. 5, with one reportedly collecting almost $170,000.

After compromising verified accounts, scammers changed the profile name and picture in order to pose as the Tesla (NASDAQ:TSLA) CEO. Scammers would then post in comment threads started by the real Elon Musk, so as to give the impression of legitimacy. Some of the scam tweets said that Elon Musk was conducting “the biggest” crypto-giveaway in the world for those who use “Bitcoic” (read Bitcoin), and provided a link to “participate” in the giveaway.

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