Fun

British Army’s Social Media Accounts Hacked to Promote Bitcoin Giveaways, Crypto Scams

News Feed - 2022-07-05 02:07:35

British Army"s Social Media Accounts Hacked to Promote Bitcoin Giveaways, Crypto Scams


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


The British Army confirmed Sunday that its official Youtube and Twitter accounts were breached.


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. During the breach, the account name, profile picture, and banner image were changed to resemble NFT collections.


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. The scammers advertised that for every bitcoin or ether sent to them, you will receive twice the amount back. The videos featured Tesla CEO Elon Musk, former Twitter CEO Jack Dorsey, and Ark Invest CEO Cathie Wood. Four videos uploaded to the British Army’s Youtube account. Source: Youtube


Scammers often use public figures and celebrities to promote their cryptocurrency scams, particularly bitcoin and ether 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.


In June, the U.S. Federal Trade Commission (FTC) revealed that more than 46,000 people reported losing over $1 billion in cryptocurrency to scams since the beginning of last year.


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.” Tags in this story accounts breach, bitcoin giveaways, British army, british army accounts, british army accounts hacked, british army crypto, british army cryptocurrency, british army social media, elon musk crypto giveaways, Twitter, twitter accounts hacked, twitter hack, youtube accounts hacked, youtube hack


What do you think about hackers taking over the British Army’s social media accounts to promote crypto scams? Let us know in the comments section below. Kevin Helms


A student of Austrian Economics, Kevin found Bitcoin in 2011 and has been an evangelist ever since. His interests lie in Bitcoin security, open-source systems, network effects and the intersection between economics and cryptography. Meta Ending Crypto Project Novi After Mark Zuckerberg Unveiled Metaverse Digital Wallet FEATURED | 2 days ago El Salvador Buys 80 More Bitcoin as BTC Fell Below $19K — President Insists "Bitcoin Is the Future" FEATURED | 4 days ago


Image Credits: Shutterstock, Pixabay, Wiki Commons Previous articlePeter Schiff’s Euro Pacific Bank Suspended by Puerto Rico’s Regulator — Schiff Insists No Evidence of Crime Disclaimer: This article is for informational purposes only. It is not a direct offer or solicitation of an offer to buy or sell, or a recommendation or endorsement of any products, services, or companies. Bitcoin.com does not provide investment, tax, legal, or accounting advice. Neither the company nor the author is responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods or services mentioned in this article. Read disclaimerShow comments More Popular NewsIn Case You Missed ItOman to Incorporate Real Estate Tokenization in Virtual Assets Regulatory Framework


Real estate tokenization is set to be incorporated into Oman Capital Markets Authority (OCMA)"s virtual asset regulatory framework. According to an advisor with the authority, the tokenizing of real estate will open investment opportunities for local and foreign investors. Real ... read more.Today"s Top Ethereum and Bitcoin Mining Devices Continue to Rake in Profits Argentinian Securities Regulator Launches Innovation Hub to Discuss Regulated Crypto Investments FBI Issues Alert Concerning Malicious State-Sponsored North Korean Hackers Targeting Crypto Firms Economist Predicts the Fed"s Response to Inflation Will Push Crypto Higher

News Feed

Grayscale’s GBTC Bitcoin holdings have fallen 33% since its conversion
Martin Young5 hours agoGrayscale’s GBTC Bitcoin holdings have fallen 33% since its conversionGrayscale held around 620,000 BTC at the time its GBTC fund was converted into an ETF. Today it’s sitting at around 420,680
Prashant Jha14 hours agoSeptember sets 2023 exploit record, and DAOs can democratize science: Finance RedefinedSeptember was the biggest exploit month in DeFi, with over $300 million in losses, taking the crown from Augu
The Great Financial Reset: IMF Managing Director Calls for a ‘New Bretton Woods Moment’
The Great Financial Reset: IMF Managing Director Calls for a "New Bretton Woods Moment" As the global economy shudders from the disastrous effects of central pla
Tokenizing money is the ‘greatest innovation’ after fiat — Tether co-founder
Helen Partz10 hours agoTokenizing money is the ‘greatest innovation’ after fiat — Tether co-founderStablecoins like Tether do not offer interest yields right now, but with tokenized fiat, that could be possible one
SEC reviews new rules for Bitcoin options trading
Ana Paula Pereira7 hours agoSEC reviews new rules for Bitcoin options tradingThe Securities and Exchange Commission is evaluating whether exchanges’ current surveillance and enforcement mechanisms can handle Bitcoin ex
European Blockchain Ecosystem Needs €350 Million for the Next 18 Months
European Blockchain Ecosystem Needs €350 Million for the Next 18 MonthsA study report by Leadblock Partners, an appointed representative of Sapia Partners LLP, finds an accelerati
Marcel Pechman5 hours agoEthereum price drops to a 7-month low as data points to more downsideETH price is at risk of trading below a key price support, and multiple data points point to a bearish outlook for the altcoin
Tom Blackstone10 hours agoChibi Finance $1M alleged rug pull: How it happenedThe exploiter used a “panic” function buried within eight different smart contracts to remove $1 million worth of users’ funds without th
Kazakhstan Shuts Down Over 100 Crypto Mining Farms
Kazakhstan Shuts Down Over 100 Crypto Mining Farms More than 100 crypto farms in Kazakhstan have terminated operations as a result of ongoing inspections of the mining sector. Auth
IMF Sees Significant Increase in Correlations Between Bitcoin and Asian Equity Markets
IMF Sees Significant Increase in Correlations Between Bitcoin and Asian Equity Markets Officials at the International Monetary Fund (IMF) say that the correlation between the perfo
Singapore Considers Imposing New Restrictions on Crypto Trading
Singapore Considers Imposing New Restrictions on Crypto Trading The Monetary Authority of Singapore (MAS) has told Parliament that the central bank is considering imposing addition
Rakesh Upadhyay6 hours agoPrice analysis 9/15: BTC, ETH, BNB, XRP, ADA, DOGE, SOL, TON, DOT, MATICThe recovery in Bitcoin and altcoins is facing selling at higher levels, indicating that the overall sentiment remains neg