Elon Musk Twitter Account Hacked As Hackers Offer Crypto To Followers

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Hacking Twitter accounts of famous celebrities and popular brands is becoming a worrying trend, and Elon Musk is the latest victim of this trend.

Elon Musk’s Twitter hacked! Offers free cryptocurrencies

The Twitter account of Elon Musk, the head of SpaceX and Tesla, is the most recent account to be hacked in a growing number of hack incidents on Twitter, and for a third time too.

The first hijack of Elon Musk’s Twitter account happened in April 2015, the official website of Tesla was also hacked in what appeared to be a coordinated attack on all of Musk’s online and social properties.

The second attack happened in February when a fake Elon Musk profile on Twitter had announced that it was giving out 400 ETH to fans.

This time, after the hackers got access to Musk’s Twitter account, they started promising free Bitcoin and Ethereum to the 22.5 million followers on the account.

How Musk’s account got hacked

The first traces of the attack began when his impersonator (with a verified Twitter account too) joined threads from Musk’s original tweets to offer cryptocurrency tips.

His impersonator capitalized on Musk’s promise to take Tesla private, a planned reorganization of the firm initiated by Elon Musk.

The fake stated that the planned reorganization will see the addition of Bitcoin and Ethereum payment methods as “one of the steps in moving forward.” The exact tweet from the fake account reads:

“As many of you know by now, we will soon be making Tesla a private company. It is an important step towards stability and it would be impossible to move forward in a desirable pace without making such decisions. As a part of reorganization, we will be introducing Bitcoin and Ethereum as official payment methods. It is one of the steps IN moving forward as a company.”

The number of individuals affected by the fake news cannot be verified. However, a follower of his Twitter account accused Musk of stealing from people, which leads us to believe that some fell for the con.

Twitter hacks are a rapidly growing trend

The recent trend of hacked Twitter accounts is becoming a very worrying trend, and in most cases, the hacked accounts are those of high profile celebrities, brands, cryptocurrency leaders and the likes.

The technical team behind Twitter has assured its users with better defense frameworks to safeguard profiles, stating:

“We’re aware of this form of manipulation and are proactively implementing a number of signals to prevent these types of accounts from engaging with others in a deceptive manner.”

Although Twitter has reassured users of its defense, there are unanswered questions as to how a fake Musk was able to obtain a Twitter-verified status.

Stay clear of cryptocurrency offerings from celebrities

Elon Musk is not the first crypto celebrity to be hacked, many high profile cryptocurrency celebrities have suffered hijacks and impersonation on Twitter.

These hackers impersonate high profile accounts, asking followers to send a given amount of cryptocurrency to a particular wallet address with the promise of sending back a higher amount at a particular date.

The list includes Ethereum co-founder, Vitalik Buterin, and cybersecurity expert John McAfee, have been impersonated by hackers – and all with verified Twitter accounts.

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