That could have netted the attackers millions.
Naval Ravikant (@naval) is the CEO and co-founder of AngelList. He’s invested in more than 100 companies, including Uber, Twitter, Yammer, and many others.
Tomorrow is a mist. Today's the sunshine.
Make the world better by building something anything today.
Build shit. Ship shit. That's all there is to success.
----- I almost feel like these Twitter personalities like Balaji, Naval, Chamath are the VC equivalent of Shia Lebouf. They became popular by shouting out loud. I have no idea why they matter at all in the computer science industry.
What is the computer science "industry"? To the extent that such a thing exists, I suppose you are talking about people who have directly made money by creating software (Chamath), or invested in companies which made money (Naval and Balaji). How can any industry exist if no money is ever made?
And whom do you propose people follow instead? :-)
"You will need clarity to deal with upcoming personal conflicts."
You get in a argument with your friend/spouse/partner/coworker, the fortune cookie sounds prophetic
is already quite small, and could be quickly prioritized based on how anomalous the trade was, other flags (foreign national, software engineering babckground). I suspect the SEC could get to a workable list of 50 prime suspects reasonably easily.
Even betting 20k would have probably netted you more than what was gained via BTC and you would still be indistinguishable from RH day traders.
The idiot has never hacked a thing for profit in his life.
The way around this is to leave no traces of the hack or to cash in using another person.
You will blend in perfectly because you have an alibi for why you are buying so many TSLA calls.
And when you buy an OTM put, it’s hard to predict what a good price would be exactly. How far do you think the stock would drop? With a call you could be fairly more confident it will return to a previous level.
That said, this kind of attack requires you to have a good amount of capital on hand, so you need to be a fairly independently wealthy hacker.
If this rocks Twitter to its foundation as a trustworthy platform, it's the end of Twitter as far as prominent figures being willing to utilize it. If Twitter loses its prominent figures edge, it's all coming down. Twitter has nothing else, it's mostly a broadcast platform for elite people in terms of where the extreme majority of all of its value is produced.
That said, that outcome is far-fetched. The content that was Tweeted appears to be far too benign to accomplish that outcome. The attackers seem to have intentionally avoided Tweeting anything particularly dangerous. If they were trying to ruin Twitter, they would have used the accounts to do something far worse, that would terrify prominent figures away from using the service.
I think they had one target in mind, to go after their DMs, and hit lots of accounts as a cover to hide which one was the primary target.
Would make sense to have something like this for @jack, too — could explain why his bio was changed but he didn't tweet.
seriously, this hackers are not so imaginative.
Golden rule is you don't steal money from rich people, only poors.
This "scam", while crude, will probably not result in any loss and it would be much harder to catch them
With Bitcoin, sure nobody knows who owns this account, but the blockchain will store every transaction this account and future accounts make, so trying to actually use the Bitcoin is a fair amount harder.
What is going on that Twitter didn't get them locked ASAP?
Also all of Apple's tweets deleted, and now posting the bitcoin thing as well: https://twitter.com/Apple/status/1283506278707408900
I don't think Twitter itself knows yet.
Google has to step up it's game because their platforms aren't safe anymore.
Google does nothing despite thousands of people reporting it.
It's bizarre how they ban completely innocuous stuff and allow the blatant scams to continue despite it being drawn to their attention though reports and twitter constantly?
Fool and his money are soon parted.
I doubt someone could individually hack all these accounts.
It's more like 1.3BTC by looking up the address on their website.
https://bitref.com/bc1qxy2kgdygjrsqtzq2n0yrf2493p83kkfjhx0wl...
Edit: I stand corrected. Holy crap!
A huge impact just to steal (relative) peanuts.
Elon Musk @elonmusk·38s
I am giving back to my community due to Covid-19!
All Bitcoin sent to my address below will be sent back doubled. If you send $1,000, I will send back $2,000!
bc1qxy2kgdygjrsqtzq2n0yrf2493p83kkfjhx0wlh
Only doing this for the next 30 minutes! Enjoy.
EDIT: Someone already did:
https://bitref.com/bc1qxy2kgdygjrsqtzq2n0yrf2493p83kkfjhx0wl...
Bezos “was maxing out at 50MM”!!
https://twitter.com/BillGates/status/1283503731682811907
(Now gone @ 3:32p Pacific)
You send $1,000, I send back $2,000! Only doing this for the next 30 minutes."
As of now, 121 people have sent cash totally more than 2.5BTC.
Edit: Just seen @BillGates compromised as well, same bitcoin account.
Edit 2: Elon's tweet seems to be getting removed, and then reposted again shortly after. About $40k sent so far.
Edit 3: Interesting to watch - on both accounts, tweets seem to be deleted and then reappear as pinned a few mins later.