Bitcoin Twitter Scam Dupes Cricket Team in South Africa, Inviting Them to Win 20 BTC
Twitter has been the host of multiple Twitter scams over the course of the last year, and it is clear that hackers aren’t planning to take time off for the start of 2019.
A report from Indian Express indicates that a recent hack on Twitter took the national cricket association in South Africa as its victims, promoting a fake Bitcoin lottery (BTC). Exposing the scam, Cricket South Africa (CSA) tweeted about the alleged participation.
Based on the information provided in the hack, it appeared that the organization had decided to collaborate with UK crypto-wallet platform Luno, giving users the chance to win 20 BTC. That amount is valued around $70,000. The tweet on Cricket South Africa said,
“@OfficialCSA is partnering with @lunomoney for the fist South African Bitcoin Lottery. Simply send 0,01 BTC to 13My18T92DCzGdrtiCgRuS32T6rFLjnG56 and your BTC Wallet Address will be entered into a BTC Lottery for 20BTC (That’s Over R1Mil). Lottery closes at 15 Jan @ 10PM.”
Since the tweet was discovered, it has been deleted. However, it included a Bitcoin address, asking that the participants send in 0.01 BTC.
It looks like the company was quick to notice the tweet, considering that it was only up for five hours. Once removed, CSA wrote a follow-up tweet, saying,
“Apologies to all our Twitter followers who were affected by the hack overnight. We are back in control & ready to bring you what promises to be an even more eventful Day 4 of Test cricket. Thank you to our friends at the @ICC for your assistance this morning.”
Separately, Luno released a statement to confirm that they were not directly a part of this alleged partnership, saying,
“We distance ourselves from this tweet that is going around. We have not partnered with [CSA].
Even though both of these parties had confirmed that the tweet was a hacking situation, PPC Newlands Cricket still had a tweet on their page to indicate that the giveaway was still live. Considering that the current balance of the provided Bitcoin address is only 0.02 BTC at the moment ($70), it looks like only two users actually sent funds.
Twitter has been working to tackle this issue that seems to keep recurring, but the bots have remained aggressive in their hacks. Based on this information, it is possible that the bots are being run on a substantial network that has the ability to learn and adapt to conditions, preventing them from being shut down.