November 8, 2024

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Scammers steal nearly $1M after hijacking 8+ prominent crypto twitter accounts

2 min read
Scammers steal nearly M after hijacking 8+ prominent crypto twitter accounts

Over the past few weeks, a group of scammers has hijacked more than eight Twitter accounts belonging to prominent figures in the crypto space to promote phishing scams. The group has stolen almost $1 million worth of crypto so far, according to blockchain sleuth ZachXBT.

In a June 9 Twitter thread, ZachXBT outlined that he had uncovered several wallets “linked on chain” that are connected to phishing scams promoted by the recently hacked accounts.

“While the majority of these attacks were the result of a SIM Swap it seems other accounts were potentially stolen with a [Twitter admin] panel,” ZachXBT noted.