British Army Twitter as well as YouTube accounts were compromised to help promote crypto-scams

The British army is looking into the possibility of hacking following the revelation that their officially-owned Twitter as well as YouTube account was compromised last Sunday. The breach first came out via Web3 is Going Well. The blog claims that both accounts were compromised in order to spread two different crypto-related scams.

Although it’s been removed, the verified Twitter account was changed to look like a webpage that was created for The Possessed, a project that consists of a collection of 10,000 NFTs animated with the price at 0.58 Ethereum (approximately $1,063). The account was tweeting out links to fake minting websites. It’s possible that the hack is part of a larger campaign to capitalize on the recent popularity of The Possessed. On Saturday, The Possessed’s official Twitter account informed its followers of a verified account which was compromised to advertise an NFT fraud with the help of The Possessed brand.

On YouTube the army’s channel has been redesigned to look similar to a page to Ark Invest. At the time of writing this report, the channel is livestreaming the old video footage from Elon Musk Jack Dorsey and Ark CEO Katie Wood discussing cryptocurrency. The videos feature an overlay that promotes “double the amount of money you have” Bitcoin and Ethereum scams. In the words of Web3 is going Great an identical scheme landed fraudsters $1.3 million last May. It’s not known who’s responsible for the scam.

“We have been informed of an breach on an army’s Twitter as well as YouTube accounts, and an investigation is under way,” an army spokesperson informed The Guardian. “We are taking security of our information seriously and are currently resolving the problem. As long as the investigation is not completed, it is not appropriate to further discuss the issue.”

Although 2022 has witnessed the most hacks in the history of crypto but few have targeted government institutions such as that of the British army. So far, the majority involve organizations like Yuga Labs, the creator of the well-known Bored Ape Yacht Club NFT collection. In April this year, however, the group’s main Instagram accounts were compromised during an $2.4 million scam involving phishing. BAYC’s Discord community also fell into two separate scam scams in 2022.

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