British Army Social Media Accounts Hacked To Promote Bitcoin Freebies, Crypto Scams – Bitcoin News Spotlight

Official British Army YouTube and Twitter accounts were compromised on Sunday and hackers used them to promote cryptocurrencies, including bitcoin and ether scams with Tesla CEO Elon Musk.

The British Army social media accounts used to promote Bitcoin, Crypto and NFT scams

The British military confirmed on Sunday that its official Youtube and Twitter accounts have been hacked.

The army verified Twitter handle with nearly 363,000 followers retweeted a series of posts promoting non-fungible token (NFT) scams before they were removed from 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 177,000 subscribers, has been renamed “Ark Invest” and four live videos promoting bitcoin scams and ether giveaways have been uploaded to the account. The scammers have advertised that for every bitcoin or ether sent to them, you will receive double the amount. 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 Youtube account. Source: Youtube

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

In addition to Musk, Dorsey, and Wood, other famous people who have been involved in crypto giveaway scams include Microsoft co-founder Bill Gates, Berkshire Hathaway’s Warren Buffett and Apple co-founder Steve Wozniak.

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

The British Army spokesman was quoted by Reuters as saying: “We take information security very seriously and are solving the problem. Until the investigation is completed, it would not be appropriate to comment further. “

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

Kevin Helms

Austrian economics student Kevin found Bitcoin in 2011 and has been an evangelist ever since. His interests lie in Bitcoin’s security, open source systems, network effects, and the intersection of economics and cryptography.

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