- Earlier this week the world of crypto was shocked after a Twitter hack took over some of the biggest celebrities in the world.
- The hack so many famous faces have their accounts compromised after hackers impersonated them in an attempt to fool as many people out of their bitcoin as possible.
Earlier this week the world of crypto was shocked after a Twitter hack took over some of the biggest celebrities in the world.
The hack so many famous faces have their accounts compromised after hackers impersonated them in an attempt to fool as many people out of their bitcoin as possible.
In response to this, the ban bitcoin movement appears to have gained some momentum due to the people supporting the idea of bitcoin being banned. Of course, if there was no Bitcoin, there wouldn’t be any incentive by hackers to do scams.
On the other side, some people believe that the hacking was planned earlier in order to spark up a kind of revolt against the leading cryptocurrency. One Twitter user made an ominous post indicating that the US president could’ve been involved in the situation.
This huge Twitter hack can lead to #BTC being banned. Ask yourself how they hacked big people just like that.. This must be planned. We may hear an announcement from Trump soon about Bitcoin. And don't forget that Trump wasn't hacked. #PlansWithinPlans
— Shako The RektoDoggo (@ShakoDoggo) July 15, 2020
Of course, this comes as Donald Trump is a well-known naysayer of bitcoin and other cryptocurrencies.
In the grand scheme of things, what occurred earlier this week was a Twitter scam/hack. Someone clearly got access to the Twitter service and took control of major accounts and exploited that for their own gain. Many people are misreading this as a cryptocurrency scam and a good way of arguing that point is:
This is a Twitter scam, not a cryptocurrency scam. In the same way that when a Nigerian prince asked me to wire him $100,000, it was an email scam, not a US dollar scam. https://t.co/wR3YP6RUbA
— Jeff Dorman, CFA (@jdorman81) July 15, 2020
It will be interesting to see how this situation plays out. For more news on this and other crypto updates, keep it with CryptoDaily!