Retailer Target’s Twitter account was hacked earlier today and is actively promoting a Bitcoin scam.
Worse yet, they have taken control of the Target ad account and have paid for promoted tweets which are spreading quickly, with massive engagement:
The tweets take victims to a website (not linked on purpose) which requests them to “confirm” their Bitcoin address by sending 0.2 BTC to 12SRjvqFo8MeZVc2UE9C8JQxkqsASRN9G5
At the time of this writing, the scammers had accrued almost 6 BTC (approx U$ 38,000).
Just before publication Target seems to have reestablished control over the social account and deleted the tweets, but it did not go unnoticed by the community:
Yay, another blue tick hacked account with the bitcoin nonsense on it. This time it’s Target. If only Twitter had some way of identifying content and automatically shadowbanning accounts …in the way we did on Freeads in 2003
— Philip Bragg (@synx508) November 13, 2018
— Solly De Silva (@sollyDe) November 13, 2018
Even an official UN account from Serbia believed the scam:
Great innovation, now I can pay for my purchases using Bitcoin, thank you https://t.co/NWxgdqNDlg!
— UNHCR Serbia (@UNHCRSerbia) November 13, 2018
(The Serbian UN account shows just how much good faith people could have towards Bitcoin were this legit. Truly sad.)
— Robert Merkel (@rgmerk) November 13, 2018
— 21_Million (@21_Million) November 13, 2018
Other retailers, such as The Body Shop, also took note (and were skeptical themselves).
“lol” – said The Body Shop, doubting the legitimacy of the wholesale-crypto-cartel pic.twitter.com/SLvKVlirsg
— Janne Pelkonen (@jayplk) November 13, 2018
There Are NO Bitcoin Giveaways
“There’s no such a thing as a free lunch.” – Milton Friedman
No legit account, even if blue tick verified, is “giving away” any valuable cryptocurrency!
Let’s help stop this terrible wave, where naive users constantly lose crypto in obvious scams.