This is why Twitter was down yesterday, the real truth they won't tell you about.
Yesterday we all witnessed one of the greatest Twitter hack scam to ever go down in the history of time.
In less than 45 minutes, a group of people had acquired more than 104,000 bitcoins and one bitcoin is valued at 9,000 dollars, that is about 4million naira for just one bitcoin and these people acquired about 100,000.
So how did this happen?
What went wrong?
Who perpetrated this act?
How do we catch them?
How do we protect ourselves from this in the future?
These are all questions on the lips of many citizens, well to solve a problem, you have to first comprehend it.
So let's understand how it all happened.
By exactly 11:45pm on the 15th of July, 2020 the verified twitter account of various distinguished men were hacked.
The following twitter accounts were hacked:
1. Jeff Bezos: The richest man in the world.
2. Bill Gates: The second richest man in the world
3. Twitter Page: The official page for Twitter
4. Elon Musk: The Owner of Space Ex
5. Barack Obama: Former President of the USA
6. Kanye West: Billionaire Musician and Presidential Aspirant
7. Apple: The official Twitter page for Apple ltd
8. Uber: A Taxi company
9. Joe Biden: Presidential Candidate for USA president
10. Mark Bloomberg
And the hackers after hacking the accounts posted a message on each account.
The message was asking members of the public to donate a bitcoin to then with the promise that the bitcoin would be doubled and sent back to them.
Just imagine President Obama, telling you to give him one bitcoin and in return he will give you double portion.
It's was more like a bitcoin doubling scheme, a ponzi scheme kind of and a lot of people fell for it. They kept sending their hard earned bitcoin to these fraudsters who were hiding behind verified accounts.
To have a verified account on Instagram, Twitter, Tic Tok, Facebook simply means that is the original account of the person.
This whole saga went on for exactly 30 minutes before the hackers left the account.
The hackers gathered over 104 bitcoins.
And they kept transferring as they were receiving, immediately they recieved, they transferred it out.
1. The hacked Jeff Bezos Twitter account
2. THE HACKED BARACK OBAMA TWITTER ACCOUNT
3. THE HACKED KANYE WEST TWITTER ACCOUNT
4.THE HACKED MIKE BLOOMBERG TWITTER ACCOUNT
5. THE HACKED APPLE TWITTER ACCOUNT
6. THE HACKED UBER TWITTER ACCOUNT
7. THE HACKED JOE BIDEN TWITTER ACCOUNT
8. THE HACKED ELON MUSK TWITTER ACCOUNT
9. THE HACKED BILL GATES TWITTER ACCOUNT
These are just some of the account we could get. Twitter needs to really work on their cyber security.
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