Bitcoin scam hacks Twitter accounts of Obama, Biden, Bill Gates and others
- Ina Fried, author of Axios Login

Illustration: Rebecca Zisser/Axios
A number of prominent Twitter accounts, including those of Joe Biden, Barack Obama, Bill Gates and Elon Musk, appear to have been compromised Wednesday, posting messages tied to a cryptocurrency scam.
The latest: Twitter temporarily disabled all verified accounts from tweeting for several accounts. At about 8:45 pm ET, Twitter said in a statement: "Most accounts should be able to Tweet again. As we continue working on a fix, this functionality may come and go. We're working to get things back to normal as quickly as possible."
Why it matters: Twitter has become a key source of communication, and people generally assume the content posted by an account is from the person who owns the account, increasing the likelihood of a scam being successful.
- One bitcoin wallet linked to the scam appears to have received the equivalent of over $100,000, according to CNBC.
Details: The accounts of Jeff Bezos, Mike Bloomberg and Kanye West, as well as companies Apple, Bitcoin.org, Coinbase and Ripple, were similarly compromised, in addition to several others.
- Late Wednesday, Twitter posted: "We detected what we believe to be a coordinated social engineering attack by people who successfully targeted some of our employees with access to internal systems and tools."
- A Biden spokesperson said in a statement, "Twitter locked down the account immediately following the breach and removed the related tweet. We remain in touch with Twitter on the matter."
