It seems like there is no stopping to Bitcoin scams. These scams are occurring almost every day, and things have really gotten out of hand. The latest victim to such hacks is Google’s G Suite Twitter account.
The scam, like previous such scams, tried to convince people to send them bitcoins to be entered into sweepstakes. Only yesterday Target’s main Twitter account got hacked for a similar bitcoin giveaway scam.
The tweet has been deleted since then. Both Twitter and Google are working together to investigate this hack and come up with a possible solution. Google’s G Suite is a suite of applications for businesses. It offers cloud computing, productivity and collaboration tools, software and products.
It was developed in 2006 and branded as “Google Apps for Your Domain”. Since G Suite is such a prominent and useful Google product, it is no surprise that the hackers targeted its Twitter account. Hackers tried to fool the account’s followers into donating their bitcoins to enter into a giveaway.
The problem is most of the accounts being hacked are verified. This creates a lot of confusion for Twitter users, as they do not have any way to verify whether such tweets are real or not. It is therefore quite easy for people to fall victim to such scams.
The hack was reported by a user named Burton, Twitter handle: @B_u_r_t_o_n
The tweet read “Google is giving 10000 Bitcoin (BTC) to all community. We decided to make the biggest crypto-giveaway in the world. Now you can make payments in Gsuite using cryptocurrency.” The tweet has since then been deleted.
Google's G Suite Twitter Account is Hacked!! pic.twitter.com/JdB7huGksO
— Burton (@B_u_r_t_o_n) November 13, 2018
This might be the scariest Bitcoin scam yet, as it was the highest profile hack yet. This tweet was fake and was promoted as well, which meant users not even following the account would have seen it. Whoever clicked the link was directed towards a shady bitcoin address as part of the “giveaway.”
Earlier today, Twitter gave the Verge a statement that it was trying different tools to curb the menace of Bitcoin scams. The company will continue to develop tools that will help prevent such malicious and shady links.
Twitter is aware of these scams since a lot of such hacks seem to pop up throughout their platform. This is why everyone needs to keep an eye out. If a link seems even a bit suspicious, it is better not take any risk.
Just follow the simple rule of life, don’t be greedy and you should all be okay. Previously, a fake Twitter profile of Elon Musk had gained prominence and was looking to scam its followers into handing out their bitcoins.