Cricket South Africa Briefly Falls Victim to $70,000 Bitcoin Twitter Scam

South Africa’s nationwide cricket group briefly fell sufferer to scammers on Twitter and commenced providing a pretend Bitcoin (BTC) lottery, Indian each day information outlet Indian Express reported on Jan. 14.

Cricket South Africa (CSA), which has over 1 million followers, tweeted its alleged participation within the scheme within the early morning.

Staff claimed the group had begun a partnership with Luno, a United Kingdom-based cryptocurrency wallet, via which customers might win a prize price 20 BTC ($70,900).

The now-deleted tweet included a Bitcoin address to which these wishing to be concerned ought to ship a 0.01 BTC, and was lively for round 5 hours.

“Apologies to all our Twitter followers who were affected by the hack overnight,” CSA subsequently wrote in a follow-up tweet after confirming their Twitter was again underneath their management.

In a separate message, Luno additionally confirmed the information was not genuine, officers stating:

“We distance ourselves from this tweet that is going around. We have not partnered with (CSA).”

At press time, a separate tweet from PPC Newlands Cricket concerning the pretend BTC giveaway from CSA was nonetheless reside.

The Bitcoin deal with used within the rogue lottery contained a steadiness of 0.02 BTC ($70) at press time, suggesting solely two Twitter customers despatched funds.

The episode provides to the tally of scams involving the cryptocurrency world and Twitter, the social media platform having gained one thing of a status for the observe over the previous yr.

As Cointelegraph reported, well-known figures corresponding to Ethereum co-founder Vitalik Buterin have voiced concern about the issue, which incorporates mass armies of bots and pretend accounts penning tweets about pretend giveaways.

While the platform has mentioned it’s tackling the issue, the bots persist, analysis suggesting proof of an intensive community which adapts to circumstances to keep away from being shut down.

Source link

Be the first to comment

Leave a Reply

Your email address will not be published.