Twitter Addresses Free Scam Epidemic After Bitcoin Targeted Hack

Following a series of cryptocurrency-related hacks on prestigious accounts (including retail giant Target and some politicians), Twitter finally tackled the issue of Bitcoins. BTC free scam outbreak on his platform.

In an email to Hard Fork, a Twitter spokesperson confirmed that in addition to Target's profile, a number of accounts had been hacked to promote Bitcoin scams. The spokesman added that Twitter was in touch with Target about the incident (which was also corroborated by the retailer).

"We are in close contact with Target this morning and can also confirm that his account has been inappropriately accessed for about half an hour. We then locked the account quickly so that Twitter could thoroughly investigate the problem, "Twitter told Hard Fork.

The company added that its team had identified a set of other cryptocurrency-related violations. The company is working closely with these companies to prevent this from happening in the future.

The spokesman told Hard Fork that the platform had put in place measures to counter the spread of Bitcoin scams on its platform. For best password protection practices, Twitter recommends consulting its security page. The company also reiterates that access to accounts without authorization (or with the use of illicit methods) is strictly contrary to its rules.

Despite this assurance from the company, it should be noted that several months after the ban on accounts using the name "Elon Musk", hackers continued to disguise their scams as the founder of Tesla. Indeed, there was such a case this week.

In an attempt to fight the army's scamps, Musk himself has sought help from the creator of the popular cryptocurrency Dogecoin – another clear sign that Twitter's defense mechanism needs to be improved.

We can also expect many other major brands and government accounts to promote scams to Bitcoin.

Update: Welp, moments after the creation of this piece, Google has also been the victim of a violation.

Posted on November 13, 2018 – 19:24 UTC