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PwC Venezuela Twitter Account Hacked To “Shill” XRP

PwC Venezuela Twitter Account Hacked To "Shill" XRP

PricewaterhouseCoopers (PwC) Venezuela’s official Twitter account has been hacked to promote an XRP scam.

It’s promoting a major event with Ripple CEO Brad Garlinghouse that will happen today. Its tweet includes a link to entice potential victims to send their cryptocurrency. Previously, other verified accounts with a large following had been compromised to propagate the same hoax.

Source: PwC Twitter

This account is still hijacked by hackers and continues to post cheap scams.

For years, XRP giveaway scams have appeared on social media. Ripple launched a lawsuit against YouTube in April 2020 for failing to prevent and remove such schemes. According to the business, YouTube’s reluctance to crack down on bogus XRP videos harmed its reputation.

After all these years, social media is still rife with Bitcoin scams. Scammers frequently target verified accounts to provide credibility to their fake services.

On Saturday, the South Korean government’s official YouTube channel was hacked and renamed “SpaceX Invest.” With a live broadcast featuring Tesla CEO Elon Musk, it was promoting a cryptocurrency scam.

DISCLAIMER: The Information on this website is provided as general market commentary and does not constitute investment advice. We encourage you to do your own research before investing.

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Harold

CoinCu News

Harold

With a passion for untangling the complexities of the financial world, I've spent over four years in financial journalism, covering everything from traditional equities to the cutting edge of venture capital. "The financial markets are a fascinating puzzle," I often say, "and I love helping people make sense of them." That's what drives me to bring clear and insightful financial journalism to the readers of Coincu.