BitTorrent’s Justin Sun just offered a $1 million bounty to anyone that will find the Twitter hackers who breached the platform yesterday in a Bitcoin scam. Let’s see more in the Tron TRX news.
A bitcoin giveaway scam was launched on the Twitter profiles of celebrities and people from the crypto community including Binance, Coinbase, Elon Musk, Kanye West, Jeff Bezos, Joe Biden, and Warren Buffet. All of them had their accounts compromised to share a “Bitcoin giveaway” that promised double returns to anyone that will send Bitcoin to a particular address. BitTorrent’s Justin Sun also said his account was compromised in the attack so he vowed to find the hackers by placing a $1 million bounty for the information that will give him the ID of the hackers.
TRON Founder & CEO of @BitTorrent, Justin Sun is putting out a Bounty for the hackers in the amount of $1 million.
He will personally pay those who successfully track down, and provide evidence for bringing to justice, the hackers/people behind this hack affecting our community.
— BitTorrent Inc. (@BitTorrent) July 15, 2020
In a message by BitTorrent whose account was not affected by the hack, Sun promised to pay those who will track down and provide evidence for bringing to justice, the people behind the hack that affected the crypto community. The early signs point that the hack happened thanks to an employee with access to a dashboard used to control the accounts of influential users since access to these accounts is controlled by Twitter.
Whatever the source may be, it generated thousands of headlines across the world putting Bitcoin in a bad light. Although the hack didn’t connect with the Bitcoin protocol initially, the attackers requested payment in BTC. Many unsuspecting Bitcoin-holders were tricked into “donating”, expecting to receive double in return. Most of the celebrity accounts that were caught up in the wide-scale hack were suspended as Sun also saw Tron’s account being temporarily suspended after the attack.
Sun’s decision to issue a million-dollar bounty to identity the hackers seems to be his idea of bringing back to the community and redeem the industry’s reputation. He was quick to say that he will not tolerate scammers. There’s some evidence that the attack started with the account of a crypto trader AngeloBTC before going over other high follower accounts such as Binance, as Justin Sun said:
“We are working closely with Twitter to resolve this issue immediately and return our accounts to normal. We are always vigilant in handling our accounts; operating safely and responsibly – taking the security of our accounts to the highest standards possible.”
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