Scammers Steal £137,000 in Crypto Hacking, Posed As Verified Twitter Accounts-3.84

Scammers in the UK were able to make off with £120,000 in Bitcoin after posing as the verified Twitter accounts of two well-known British companies, according to a report by the Telegraph on Monday.

The hackers pirated the verified accounts of clothing store Matalan and film company Pathé UK, then claimed to be Elon Musk and promoted a phony giveaway via the social media accounts. The two accounts had a total combined following of around 100,000. By Monday night, the fraudsters managed to steal £137,000 from nearly 400 people donating to the fake contest as of Tuesday.

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