Following tweeted financial advice from Bill Gates, Barack Obama, Elon Musk and others, people handed over more than $100,000 on Wednesday in an investment that was supposed to double their money. The only problem was the advice actually came from a hacker.

A number of high-profile accounts — which also included those owned by Kanye West, Joe Biden and Michael Bloomberg — were hijacked Wednesday, Twitter officials confirm. “We are aware of a security incident impacting accounts on Twitter,” officials said in a statement. “We are investigating and taking steps to fix it.” Twitter has since locked all verified accounts as a precaution.

Apparently, the stock-owning public doesn’t have a lot of confidence in Twitter’s IT department. After news of the hack was released, the company’s stock immediately began to fall, dropping 4 percent after hours.

Source: https://www.theverge.com/2020/7/15/21326200/elon-musk-bill-gates-twitter-hack-bitcoin-scam-compromised