Scammers are hijacking Twitter accounts to promote questionable cryptocurrency platforms that let them compromise their victim’s information.
That’s according to Bloomberg News, which reported Thursday (May 26) that the scammers have been impersonating reporters, crypto apps and a number of nonfungible token (NFT) projects since March on Twitter to steal users’ virtual currency, usernames and passwords.
Satnam Narang, a staff research engineer at the cybersecurity firm Tenable Inc, said many of the accounts in question are verified, which shows the scammers either hacked specific pages, purchased access illegally, or a combination of the two.
The scam allegedly involved thieves purporting to be part of the popular Bored Ape Yacht Club (BAYC) NFT collective, as well as the Okay Bears NFT community, which has upwards of 150,000 followers on Twitter, Narang said.
Learn more: Hackers Swipe Bored Ape Yacht Club NFTs After Crashing Discord and Instagram Accounts
In one case, scammers...
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