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Scammers hacked the official Twitter account of the Indian Embassy in Oman, replaced the profile picture with Brad Garlinghouse, CEO of Ripple, and used the Reply feature to spam users with fake XRP giveaway phishing links. .
Twitter account at time of publication OmanEmbassy_Ind Indicated Some retweets that match Garlinghouse’s retweets appear to be trying to make the activity look legitimate. The hacked account responded to a tweet with the hashtag XRP, urging users to sign up for a bogus giveaway of 100 million tokens.
The hackers behind the fake Ripple XRP CEO identified as “Galringhouse” may have compromised the Twitter account of India-based cryptocurrency exchange CoinDCX, given similar fake giveaways. CoinDCX reported Tuesday that it had regained access to its account. The crypto exchange’s Twitter account has him over 230,000 followers, while the Indian Embassy in Oman had only 4,119 at the time of publication.
Important update. pic.twitter.com/RTeIZ5EzRK
CoinDCX: Making Crypto Accessible for Indians (@CoinDCX) September 20, 2022
On Monday, Caroline Pham of the U.S. Commodity Futures Trading Commission caused a stir on social media after posting a photo of herself standing with Garlinghouse in the Ripple Labs office. A decision in the Securities and Exchange Commission’s lawsuit, which alleges Ripple’s XRP sale violates securities laws, could come soon after both sides filed motions for summary judgment on Saturday.
Related: Hackers may be responsible for removing $4.8 million from crypto exchange ZB.com: PeckShield
Since the platform was created, many hackers have used social media to try to scam unsuspecting users out of both virtual and fiat currencies. Hiring big names in the cryptocurrency industry, such as Garlinghouse and Elon Musk, is a common tactic. In June, the U.S. Federal Trade Commission said that scammers will steal about $1 billion in cryptocurrency between his 2021 and his first quarter of 2022, with half of all crypto-related fraud coming from social media platforms. reported it happened.
