High-profile Twitter accounts hacked in cryptocurrency scam

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A series of high-profile Twitter accounts were hijacked on Wednesday, with some of the platform’s top voices — including US presidential candidate Joe Biden, reality television show star Kim Kardashian, former US President Barack Obama, billionaire Elon Musk, and rapper Kanye West, among many others — used to solicit digital currency.

The cause of the breach was not immediately clear, but the unusual scope of the problem suggested that it was not limited to a single account or service. While account compromises are not unusual, experts were surprised at the sheer scale and coordination of the Wednesday’s incident.

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Twitter said it was investigating what it called a “security incident” and would be issuing a statement shortly. Shares in the social media company tumbled almost 5 percent in trading after the market close before paring their losses.

Publicly available blockchain records show that the apparent scammers have already received more than $100,000 worth of cryptocurrency.

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