FBI leads probe into attack on high-profile Twitter accounts to commit cryptocurrency scam

Federal Bureau of Investigation (FBI) is reportedly leing probe into attack on Twitter accounts of high-profile individuals including former US President Barack Obama, Amazon CEO Jeff Bezos, and X founder Elon Musk. federal investigators h said that hackers appeared to commit cryptocurrency fraud after taking control of political figures, businessmen, and celebrities.

serious breach prompted lawmakers to raise alarms about future attacks to spre misinformation to meddle in elections or disrupt stock market. US Senator Ed Markey said in a statement that country needs strong cybersecurity standards to protect Americans from scams and misinformation.

Tweets from several high-profile accounts emerged within minutes on July 16, requesting donations in cryptocurrency with a promise that dors will receive double amount in return. According to media reports, over $100,000 worth of Bitcoins was scammed from users during security attack.

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'Social engineering attack'

Twitter Inc said that it believes hacking was a coordinated “social engineering attack” as y successfully targeted some of employees with access to internal systems and tools. hackers used access to take control of many highly-visible and verified accounts and tweet on ir behalf. 

After furr investigation, social media giant said that around 130 accounts were targeted by attackers and a “small subset” of se accounts were used by m to send tweets. Twitter is still assessing wher n-public data related to se accounts were compromised. In early phase of assessment, Twitter h limited functionality for a much larger group of accounts, even those with evidence of being compromised.

Twitter CEO Jack Dorsey tweeted after attack that it was a "tough day" for everyone at workplace, pledging to share "everything we can when we have a more complete understanding of exactly what happened". firm is assessing longer-term steps that it may take and will share more details as soon as possible.

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