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Hackers take over prominent Twitter accounts in simultaneous attack

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Re: Hackers take over prominent Twitter accounts in simultaneous attack

#235
post #122
post #83

Earlier quoted context omitted.

Honestly, we should be relieved if thats all that was stolen. A more sophisticated attack would involve OTM puts on TSLA and a tweet along the lines of: "finding major defects in Ys and 3s. shutting down all lines to reconfigure for a week" That could have netted the attackers millions.

"Hacking Elon’s Twitter account and using it for a crypto scam rather than a stock-trading scam shows a complete lack of imagination" - Naval https://twitter.com/naval/status/1283507218294292481?s=19

Naval is wrong because fiat will be harder to launder while bitcoin is borderless censorship-resistant money.

Re: Hackers take over prominent Twitter accounts in simultaneous attack

#237
post #212

With so many accounts compromised, the hackers might actually have full access to Twitter's backend. The postmortem would be very interesting. I'll be looking forward to it. Imagine if the hackers timed the intrusion during github outage, and twitter's employees can't deploy a fix for the exploit fast enough because github was down!

Maybe a front end/OAuth issue - those are not uncommon either. Will be interesting to learn more. Also begs the question, who is liable in such cases....

Could be front end, since all of these cite "Twitter Web App" as the source. Never anything else (unless you're a low-follower troll).

Re: Hackers take over prominent Twitter accounts in simultaneous attack

#238
post #83
post #7

Elon Musk as well. Tweets still up, saying "Feeling greatful, doubling all payments sent to my BTC address! You send $1,000, I send back $2,000! Only doing this for the next 30 minutes." As of now, 121 people have sent cash totally more than 2.5BTC. Edit: Just seen @BillGates compromised as well, same bitcoin account. Edit 2: Elon's tweet seems to be getting removed, and then reposted again shortly after. About $40k…

Honestly, we should be relieved if thats all that was stolen. A more sophisticated attack would involve OTM puts on TSLA and a tweet along the lines of: "finding major defects in Ys and 3s. shutting down all lines to reconfigure for a week" That could have netted the attackers millions.

What makes you think they have not bet on stock as well?

Re: Hackers take over prominent Twitter accounts in simultaneous attack

#239

Kudos to Coinbase- I tried sending a small amount to the account after seeing Elon Musk's tweet, and Coinbase prevented the transaction from occurring.

Why would you do that?

curiosity value > fractional bitcoin value

Re: Hackers take over prominent Twitter accounts in simultaneous attack

#240
I could imagine a faked tweet attributed to Trump that could immediately begin mobilization in other countries to prepare for war. There are several fake tweets from the Bezon/Musk I could imagine that could credibly send the stock price of AMZN down by 10%, TSLA down by 50% in a matter of minutes.

Attacker(s) could profit immensely if they had leveraged short positions cleverly placed.

Users losing a few hundred thousand is getting off light considering the severity of this attack and how much worse it could have been.

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