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Crypto scammers hijack Twitter accounts of prominent figures, steal almost $1M worth of crypto

A group of scammers has taken over more than eight Twitter accounts belonging to prominent figures in the crypto space to promote phishing scams, resulting in almost $1 million worth of crypto being stolen. Blockchain expert ZachXBT has identified several wallets linked to phishing scams promoted by the hacked accounts. The attacks were likely the result of SIM swaps or potentially stolen with a Twitter admin panel. ZachXBT urges people to use security keys instead of SMS-based two-factor authentication and calls for Twitter Safety to investigate each attack closely.

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