British Army Regains Control Of Their Hacked Social Media Accounts Promoting Crypto Scams

The British Army has been the most recent sufferer of rampant crypto scams happening available in the market. On Sunday, July 3, hackers took over management of the British Army’s Twitter and YouTube accounts and posted crypto movies by means of them.

After a quick interval following the hack, the British Army regained management with a recent message on Twitter that reads:

Apologies for the momentary interruption to our feed. We will conduct a full investigation and be taught from this incident. Thanks for following us and regular service will now resume.

Another tweet from the British Ministry of Defence said: “The breach of the Army’s Twitter and YouTube accounts that occurred earlier today has been resolved and an investigation is underway. The Army takes information security extremely seriously and until their investigation is complete it would be inappropriate to comment further”.

The hackers renamed the Twitter account of the British Army to Bapesclan. Then they made a number of posts regarding non-fungible tokens (NFTs). Besides, in addition they modified the profile image to an ape-like cartoon with clownish make-up.

Renaming YouTube Account to Ark Invest

In an analogous vogue, the hackers took over management of the YouTube account, renaming it ‘Ark Invest’ and posting crypto movies. Ark Invest is an America-based funding administration agency run by Cathie Wood well-liked for her crypto bets. The mixed following for each Twitter and YouTube accounts presently stands at near half 1,000,000 individuals.

The Chair of the House of Commons MP Tobias Ellwood mentioned: “This looks serious. I hope the results of the investigation and actions taken will be shared appropriately.”

Crypto scams have been rampant, particularly during the last 12 months’s bull run. This 12 months, we’ve seen hackers exploiting a number of DeFi bridges and stealing lots of of tens of millions of {dollars} of traders’ funds. The latest one being the $100 million hack of Harmony’s Horizon bridge.

Bhushan is a FinTech fanatic and holds aptitude in understanding monetary markets. His curiosity in economics and finance draw his consideration in direction of the brand new rising Blockchain Technology and Cryptocurrency markets. He is repeatedly in a studying course of and retains himself motivated by sharing his acquired information. In free time he reads thriller fictions novels and generally discover his culinary expertise.

The offered content material could embody the private opinion of the writer and is topic to market situation. Do your market analysis earlier than investing in cryptocurrencies. The writer or the publication doesn’t maintain any accountability on your private monetary loss.