Crypto Analyzer

Is Elon Musk ‘Giving Away Bitcoins and Etherium’ on Twitter? – Truth or Fiction?

The recent Twitter hack that targeted high-profile accounts, including those of Elon Musk and other tech moguls, has raised concerns about the security of social media platforms. On April 8, 2020, an unidentified hacker used both real and illegitimate accounts to spread a phishing scam targeting Twitter users with fake tweets impersonating Elon Musk.

The scam involved posts and bogus screengrabs resembling Musk’s account, promoting a giveaway of Bitcoin and “Etherium” (misspelling Ethereum, the platform for the cryptocurrency Ether). Reporter Mason Pelt exposed the apparent phishing scam, which used tweets from the account of journalist Dave Robson to reply to high-profile accounts with the fake Musk post.

The fraudulent posts directed users to websites like “teslafund.info,” “muskfund.info,” or “spacexbonus.com.” Pelt also shared a photograph of the donation screen used to “verify” donors’ addresses, highlighting the unethical nature of the scam.

Following the incident, efforts were made to reach out to both Robson and his publication, as well as Twitter, for comments and actions taken in response to the scam. However, at the time of the report, no responses had been received.

This was not the only instance of high-profile Twitter accounts being compromised. A separate hack on July 15, 2020, affected accounts like Elon Musk, Joe Biden, Barack Obama, Bill Gates, and Jeff Bezos, with false messages claiming they would double payments sent to a Bitcoin account. Twitter acknowledged the issue and stated that they were investigating and working to address it.

The incidents serve as a reminder of the importance of maintaining strong security measures on social media and being vigilant against phishing scams and fraudulent activities. Users are advised to verify the authenticity of information, especially when it involves financial transactions or giveaways purportedly promoted by influential figures.

It’s crucial for platforms like Twitter to enhance their security protocols and promptly address and mitigate such incidents to protect their users and maintain trust in their services.

The story was updated to better reflect the definition of Ethereum, and with the report of the separate Twitter hack in July 2020 linking Elon Musk to a Bitcoin account.