Last Updated:

BitTorrent CEO Justin Sun Announces $1 Million Bounty On Bitcoin Scammers, Decries Hacking

TRON Founder & CEO of BitTorrent said that he will “personally pay those who successfully track down hackers” after bitcoin spamming of high-profile accounts.

BitTorrent

In a tweet on recent hacking of the high-profile accounts by bitcoin scammers, BitTorrent chief Justin Sun announced a bounty of $1 million on the hackers. Taking to its official handle, TRON Founder and BitTorrent CEO said that he will “personally pay those who successfully track down the hackers”.  

Sun’s announcement comes after the spam messages from verified accounts promised Twitter users to double all payments sent to a Bitcoin address for the next 30 minutes, thus reportedly accumulated over $100,000.

While the tweets were constantly removed, a fresh load of spams emerged despite two-factor authentication set on the celebrity accounts.

“Currently, crypto Twitter appears to be facing widespread attacks from hackers. Dozens of Twitter accounts including CZ, Binance, @JustinSunTRON, and @TRONFoundationand many others have been affected. Please disregard any posts, comments, and/or DM’s from these accounts,” the BitTorrent account warning the users.

Further, it asked the users to “ignore any and all posts until future confirmation from TRON/Coin Telegraph". It further added that they were "working closely with Twitter to rectify this issue immediately" and promised to keep the community updated.

Read: Microsoft's 'Reply All Storm Protection' Feature Now Functional Worldwide

Read: EU Court Backs Apple In Case Over $15 Billion In Back Taxes

Twitter probes security breach 

In a tweet just around 6 pm ET, Twitter Support wrote that it was “aware of a security incident impacting accounts on Twitter.” Further, it added, “We are investigating and taking steps to fix it. We will update everyone shortly.” In several tweets earlier, the spammers asked users to transfer cryptocurrency that "will be sent back doubled."

One of the tweets read, "Only doing this for the next 30 minutes! Enjoy”. Immediately, a Twitter spokesperson wrote a tweet, saying, the team was “looking into this. 

Read: How To Download Microsoft Teams App On Android? Know Everything Here

Read: Amazon Quiz Answers Today, July 15 2020: Amazon Apple IPhone XR Quiz Answers

First Published: