Crypto scammers hacked the British Army’s social accounts to promote fraud

On Sunday, hackers took control of the British Army’s official social media accounts, using them to promote fake NFT collections and crypto fraud for more than four hours.

Cryptocurrencies and hacks have affected billions of individuals around the world in recent years, and have become increasingly commonplace.

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In the past, the Twitter accounts of Elon Musk, President Joe Biden and many other high-profile individuals have been hacked. In addition, there have been several examples when this type of account has been used in cryptocurrency fraud.

According to Federal Trade Commission (FTC) records of fraud, there were over 7,000 victims of crypto fraud in the United States who lost a total of nearly $ 80 million from October 2020 to next year to March.

The British Army’s Twitter and YouTube accounts are being used for crypto fraud

The hacker (whose identity is still unknown) hacked the army’s Twitter and YouTube accounts. PSSSSD was used as the Twitter account’s new name, and “The PossessedNFT” was highlighted in the account’s profile photos. Meanwhile, the name of another NFT was also used by Hacker. He then changed the account name from PSSSSD to “Bapesclan.”

The British Ministry of Defense’s press office announced through Twitter that an investigation had been launched after learning that the Army’s accounts on social media had been hacked.

Users were also notified of a “new verified SCAM account” by The Possessed official Twitter accounts:

Posse, this is a new verified SCAM account. Please report and be careful.

The Possessed is an animated NFT collection on the Ethereum blockchain. The co-creators of PSSSSD Labs, artist Joe and developer Tom builds, performed the experiments that turned the test subjects into obsessed NFTs.

Well, the scammers posted more links to NFT gifts on the Army’s Twitter account. But after almost 4 hours, all such tweets have since been removed and the account restored.

On the other hand, hackers renamed the YouTube account of the British military to “Ark Invest” (owned by Tesla and Cathie Wood). In addition, they live-streamed the old videos of Jack Dorsey and Elon Musk talking about Bitcoin in interviews.

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Both accounts were restored safely, and an apology was also given to the official British Army. Twitter accounts:

Sorry for the temporary interruption in our feed. We will conduct a full investigation and learn from this incident. Thank you for following us, and normal service will now resume.

The Ministry of Defense’s press office twitret July 3:

The breach of the Army’s Twitter and YouTube accounts that occurred earlier today has been resolved, and an investigation is underway. The military takes information security extremely seriously, and until the investigation is complete, it would be inappropriate to comment further.

                 Featured image from Flickr, and chart from Tradingview.com