Hackers Target Belgian Non-Profit, Use Twitter Account for Alleged Crypto Giveaway

Jan 10, 2019 at 17:30 Update Date :Jan 10, 2019 at 17:30 UTC

Hackers reportedly took over the Twitter account of a Belgian non-profit organisation and displayed it as a fake affiliate account of Coinbase, the United State crypto exchange. The scammers posted a tweet on Jan 9, supposedly celebrating Coinbase’s user base growth by posting what appeared to be a giveaway of sorts.

The targeted organization is the Federation of Enterprises in Belgium (FEB), a non-profit organization that aims to promote the interests of Belgian businesses.

The pranksters, however, were unable to mess up FEB’s Twitter account handle, which still showed @VBOFEB, a combination of the abbreviations of the organizations Dutch and French name.

Screenshot of hacked FEB account, trying imitate as a Coinbase promotion account, Jan 09.


Screenshot of FEB’s Twitter account at the time of writing, Jan. 09.

Screenshot of tweet promoting a fake giveaway by Coinbase.

Some Twitter users were fast enough to capture screenshot’s of the entire thing before FEB realized something was wrong. These were circulated around Twitter before it was announced as a scam giveaway.

Anyone with a keen eye, however, would have spotted a bunch of other signs that the alleged giveaway tweet and other accounts related to it were a scam due to an inconsistent number of grammatical and formatting errors. The tweet displayed that Coinbase’s alleged user base was  “Over 30,000.000 users” and announced, “We are giving away 3 000 BTC.”

Crypto scams, online and offline are not unheard of and even the one posted as a giveaway tweet on the FEB account urged users to send a small amount of crypto in order to receive a larger amount.

In recent times, the crypto scamsters, have hacked the accounts of famous personalities like Elon Musk, Charlie Lee among others.

Recently, the Twitter account of Elon Musk, owner and CEO of Tesla and SpaceX, was hacked and a giveaway of a similar sort was announced to its 22 million followers.

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