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Aug 5, 2020

Twitter hackers who targeted Elon Musk and others received $121,000 in bitcoin, analysis shows

Posted by in categories: bitcoin, cryptocurrencies, cybercrime/malcode, Elon Musk, geopolitics

Victims included Democratic presidential candidate Joe Biden, former President Barack Obama and Tesla CEO Elon Musk. Accounts for those people, and others, posted tweets asking followers to send bitcoin to a specific anonymous address.

For their efforts, the scammers received over 400 payments in bitcoin, with a total value of $121,000 at Thursday’s exchange rate, according to an analysis of the Bitcoin blockchain performed by Elliptic, a cryptocurrency compliance firm.

Elliptic co-founder Tom Robinson said it’s a low sum for what appears to be a historic hack that Twitter said involved an insider.

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