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Frauds disguised themselves as Elon Musk and lured 6 BTC from Twitter users

Cybercriminals have compromised the official Twitter account belonging to one of the world’s oldest operating film companies Pathé, and used it to spread malicious BTC giveaway links as if on behalf of Elon Musk. The hackers were able to lure 6 BTC from other users, before Twitter administration could restore access to the account.

The unidentified intruders hacked Pathé’s Twitter account and falsified the data it contained in order to impersonate Elon Musk. Notably, the compromised account was marked as officially verified one.

The attackers then posted a deceitful tweet about a fake bitcoin giveaway. To dupe users out of their cryptocurrency, the hackers promise to double the investment of anyone who sends a small amount of Bitcoin to their wallet.

The malicious tweet had stacked more than 850 retweets and 3 700 likes. This resulted in Twitter users losing a total of 6 BTC (about $38 000) to the frauds in a matter of 24 hours.

Pathé was able to regain control over its account less than 24 hours ago:

“The Pathe UK Twitter account was hacked this morning by an unknown third party. A series of unauthorised tweets were sent for which we apologise. The issue has now been resolved and we have taken back control of our account,” – the official tweet on the matter reads.

This is not the first time when frauds and scammers have succeeded in disguising themselves as Elon Musk on Twitter. Eventually, Musk reached out to Dogecoin creator Jackson Palmer for help against the massive army of scambots.

Last month, Elon Musk’s Twitter account was blocked on suspicion of it being compromised, after the business magnate had jokingly urged another user to buy bitcoins in response to a tweet.