British Army’s social media accounts hacked by crypto scammers

The British Military’s official Twitter, Fb, and YouTube accounts had been breached on July Three for nearly 4 hours, with scammers selling rip-off non-fungible token (NFT) collections and cryptocurrency scams.

Simply after 2PM ET on July 3, the UK Ministry of Defence (MOD) Press Workplace tweeted it was conscious the Military’s social media accounts had been compromised and had begun an investigation.

Almost 4 hours later, shut to five:45PM ET, the Workplace supplied an update that the account breaches had been resolved. The British Military’s official Twitter account additionally apologized for the posts, saying it could conduct an investigation and “be taught from this incident.”

Screenshots of the British Military’s official Twitter account posted by customers present the hackers selling a minimum of two fraudulent derivatives of “The Possessed” and “BAPESCLAN” NFT collections.

One screenshot reveals the hackers pinning a tweet to a pretend mint of The Possessed NFT assortment, seemingly a phishing link that will drain consumer funds if their crypto pockets was related. Tom Watson, one of many assortment’s creators, warned that the knowledge was pretend and requested his followers to report the account.

Over on YouTube, the hackers rebranded the account to resemble the Cathie Wood-founded funding agency Ark Make investments, posting stay stream movies of supposed interviews with Elon Musk and Twitter founder Jack Dorsey which had been being watched by 1000’s of individuals.

On the commandeered YouTube channel, the posted movies presented QR codes for viewers to ship crypto to, claiming they might obtain double again, and promoted different cryptocurrency giveaway scams by QR codes.

It’s unknown at the moment who was behind the assault, how they achieved it, and the way many individuals could have fallen sufferer to the phishing and rip-off hyperlinks. All the hyperlinks, tweets, and associated materials from the account breaches have since been deleted by the British Military.

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As reported by Cointelegraph, as a lot as $1 billion has been lost to crypto scammers in 2021, with almost 50% of all crypto-related scams coming from social media platforms. America Federal Commerce Fee even labeled social media and crypto a “flamable mixture for fraud.”

In late Might, the Twitter account of NFT artist Beeple was compromised and posted hyperlinks to a phishing web site which netted the attacker over $438,000 in crypto and numerous NFTs. The hyperlinks had been made to seem like a “shock mint” of a brand new Beeple NFT assortment.

Later in June, an identical “stealth mint” phishing link was posted on the compromised Twitter account of the upcoming Duppies NFT assortment, with a minimum of one sufferer dropping 650 Solana (SOL), price round $18,850 on the time.