Retail Giant Target's Twitter Account Hacked, Used to Promote Fake 5,000 Bitcoin (BTC) Giveaway

  • Crypto scammers continue to hijack verified Twitter accounts to launch fake bitcoin (BTC) giveaways.
  • Giant retail corporation, Target's official Twitter account was hacked and used to promote a fake 5,000 BTC giveaway.

Cryptocurrency scammers had reportedly hijacked retail giant Target’s official Twitter account - in order to promote a fake bitcoin (BTC) giveaway.

Going After Target's 2 Million Followers

The fraudsters had encouraged Target Coproration’s over 2 million Twitter followers to send a small amount of digital currency to them - in order to enroll in a 5,000 BTC giveaway, an amount valued at about $30 million.

Target Corporation, the second-largest American department store retailer with an annual revenue of over $70 billion, is now among several other large organizations that has been targeted by malicious scammers on Twitter.

Unsuspecting users that sent cryptocurrency to the addresses provided by the scammers must have permanently lost their funds - as it was yet another crypto giveaway scam on Twitter. 

Target Has Not Commented On Incident Yet

Although the tweet has now been deleted, it’s worth noting that large social media outlets such as Facebook and Twitter have not responded effectively - in order to prevent exploitative activity carried out by numerous malicious entities.

Target has not yet addressed the issue - as it has not released an official statement regarding the incident.

It’s unclear at press time how successful the scammers were in conducting the fake giveaway, however, the BTC address they had provided in the fraudulent links have a received a few small incoming transfers.

The small amounts of crypto may also have been sent to the supplied addresses by the scammers themselves - to make it seem as if it was a legitimate promotion.

CapGemini Account Hacked To Promote 10,000 BTC Giveaway

On November 12th, the official Twitter account of CapGemini (Australia), a large consulting firm, was hacked, and was also being used to promote a fake giveaway. The scammers had been posing as Tesla founder and billionaire investor, Elon Musk.

Similar to how most of these types of scams are carried out, the fraudsters had been telling users to send small crypto payments to supplied addresses in order to enroll in a 10,000 BTC ($60 million) giveaway.

It seems that Musk and other high-profile celebrities and business tycoons have become a popular target of Twitter scammers. As CryptoGlobe reported on November 5th, another account impersonating Elon Musk had been conducting the same type of fraudulent 10,000 BTC giveaway. In a span of a few hours, the account managed to receive over 6 BTC, an amount valued at almost $40,000.

Bitcoin Ransomware Attack: Google Disables Baltimore Officials’ Gmail Accounts

The Baltimore City government has been under siege since May 7, as it was hit with a ransomware attack that saw hackers demand $100,000 in bitcoin and officials refuse to pay the ransom. In a new development, Google disabled officials’ Gmail accounts being used as a turnaround.

According to The Baltimore Sun, the Baltimore City government created Gmail accounts to work during the ransomware attack, as the city’s servers have been disrupted to the point their baltimorecity.gov emails aren’t working.

Recently, however, emails sent to several of the newly created Gmail addresses returned messages claiming the “email account that you tried to reach is disabled.” It was found that Google has considered these business accounts that need to be paid, instead of free individual Gmail accounts.

James Bentley, a spokesperson for Mayor Bernard C. “Jack” Young, noted Baltimore planned to purchase a business plan from Google so the accounts could be restored. The news outlet quoted him as saying:

They disabled them because they deemed them to be business accounts. Their position is these accounts are circumventing their paid service

City Council President Brandon Scott added that meanwhile his staff was appealing the suspension with Google, although he hadn’t been briefed on the problem. A spokeswoman for Baltimore’s health department claimed she was able to see received old emails, but not send or receive new ones.

Per her words, there as no notice on why the account was disabled. On its website, Google claims it’ll suspend accounts used for sending spam, distribute malware, abuse children, violate copyright, or for other illicit purposes.

As CryptoGlobe covered, Baltimore was hit with a ransomware attack earlier this month that brought its real estate industry to a halt and crippled some of its essential systems. So much so the city’s collection and transfer of property taxes and water bills have been affected.

The hackers attacked the city’s servers with a new type of ransomware known as “Robbinhood,” and are demand a 13 BTC ($102,900) ransom to stop the whole attack. They also gave the city the option to pay 3 BTC ($23,700) to decrypt a specific system.