On Sunday, hackers took over official British Army social media accounts, using them to promote fraudulent NFT collections and crypto scams for more than four hours.
Crypto scams and hacks have affected billions of people around the world over the past few years, becoming increasingly common daily occurrences.
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Previously, the Twitter accounts of Elon Musk, President Joe Biden and many other personalities have been hacked. Additionally, there have been several instances where these types of accounts have been used in cryptocurrency scams.
According to the Federal Trade Commission (FTC) scam records, there have been over 7,000 victims of crypto scams in the United States who have collectively lost nearly $80 million from October 2020 to the year next until March.
British Army Twitter and YouTube accounts used for crypto scam
The Hacker (whose identity is still unknown) hacked into the military’s Twitter and YouTube accounts. PSSSSD was used as the new name for the Twitter account, and “The PossessedNFT” was prominently featured in the account’s profile pictures. Meanwhile, the name of another NFT was also used by the Hacker. He then changed the name of the account from PSSSSD to “Bapesclan”.
The press office of the British Ministry of Defense announced by Twitter that an investigation had been opened after it was learned that the army’s social media accounts had been hacked.
Users were also alerted to a “new verified SCAM account” by The Possessed maintainer Twitter Account:
Posse, there is a new verified SCAM account. Please report and be careful.
The Possessed is an animated collection of NFTs on the Ethereum blockchain. PSSSSD Labs co-creators, artist Joe and developer Tom builds, performed the experiments that turned test subjects into possessed NFTs.
Well, the scammers posted several links to NFT giveaways on the Army Twitter account. But after almost 4 hours, all those tweets have since been deleted and the account has been recovered.
On the other hand, the hackers renamed the British Army’s YouTube account to “Ark Invest” (owned by Tesla and Cathie Wood). Additionally, they livestreamed old videos of Jack Dorsey and Elon Musk talking about Bitcoin in interviews.
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Both accounts have been safely recovered and an apology has also been issued to the British military official. Twitter Account:
My apologies for the temporary interruption of our feed. We will conduct a full investigation and learn from this incident. Please follow us, and normal service will now resume.
Ministry of Defense press service tweeted July 3:
The breach of the military’s Twitter and YouTube accounts that occurred earlier today has been resolved and an investigation is ongoing. The military takes information security very seriously, and until its investigation is complete, it would be inappropriate to comment further.
Featured image from Flickr, and chart from Tradingview.com