After the recent Twitter account compromise many questions come into focus about security of our social media and events leading to account takeovers. Our investigations of similar cryptocurrency schemes show a pattern of abuse of people’s trust. However, the current Twitter incident is significantly more than meets the eye. The magnitude and impact do not match the financial gains. Sophistication of the breach of high-profile accounts pales in comparison to a sophomoric monetization scheme. Let’s examine what we know and what else to expect next.

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