Twitter verified accounts hacked to promote crypto scams
Twitter verified accounts still being hacked to promote giveaways
https://twitter.com/KrungsriSimple/with_replies
tons of doge stolen
https://blockchair.com/dogecoin/address/DMEhXC7bchfZGJn7JkuyCngkBoUsFSHZs4
Even people with close to zero engineering and coding experience have proposed solutions that would fix this problem if only twitter would implement them.
No shortage of victims no matter how many times the scam resurfaces, which is a testament to the popularity of btc and elon musk and the ineffectiveness of efforts to warn people. Binance and coinbase have combined 100 million of accounts. I have yet to a scam as lucrative as this one...not just profitability but impunity.
Even cartel/drug gangs and dealers and the mafia would be envious of these kind of risk-free profits (no DEA, no FBI, no dealing with rival gangs, etc). Same for ransonware, in which there is too much risk relative to reward.
If the scammer asks someone to send between $200-$200k+ of doge/btc, etc, in the promise of 2x more, some will send the max amount or close to it , which is like a single major ransomware payout but without all the risk and huge footprint that comes from spreading ransomware. The fat right side of the victim-distribution tail is in large why this scam earns so well.
My estimates give a total of $40 million stolen with twitter and $40 million with youtube since 2018 years with the bulk 90% of the profits in 2020-2021. The higher bitcoin goes, the more $ they make. It's hard to say which is better, Twitter vs. YouTube. Twitter I think is more lucrative only because of elon musk. 50 million followers + traffic from retweets means applying the Drake Equation to it guarantees a lot of $ and victims. IF not elon musk, then obv. youtube would be better