The accounts, along with those of former President Barack Obama, Kanye West, Kim Kardashian West, Warren Buffett, Jeff Bezos and Mike Bloomberg, posted similar tweets soliciting donations via Bitcoin to their verified profiles on Wednesday.
“Everyone is asking me to give back, and now is the time,” Gates’ tweet said, promising to double all payments to a Bitcoin address for the next 30 minutes.
The sheer number of prominent accounts impacted made it arguably the biggest security incident in Twitter’s history. A hack like this is particularly concerning not just because of any financial scam that can be run, but because so many world leaders use Twitter — and some, like President Donald Trump, use it to announce major policy decisions. A hack that took over an account belonging to one of those leaders could have devastating consequences.
Last year, Twitter CEO Jack Dorsey’s account was hacked, raising concerns about whether any account on the platform can truly avoid being compromised. The mechanism by which that hack occurred was fixed by Twitter after Dorsey’s hack and there’s no reason to believe it is to blame here.
A campaign aide for Biden said Twitter “locked down” his account immediately. “We remain in touch with Twitter on the matter,” the aide added.
“We can confirm that this tweet was not sent by Bill Gates,” a spokesperson for Gates told CNN Business. “This appears to be part of a larger issue that Twitter is facing. Twitter is aware and working to restore the account.”
Asked whether it was concerned about the President’s account potentially being affected, or whether it was in touch with Twitter about the issue, the White House declined comment.
Within minutes of the tweets being posted, a bitcoin account that appeared in some of them showed more than 320 transactions and received more than $113,000.
This is a developing story. Check back for more…