The British Army's YouTube and Twitter accounts were hacked in order to promote cryptocurrency frauds

The British Army’s YouTube and Twitter accounts were hacked in order to promote cryptocurrency frauds

Bad actors also took over the British Army’s YouTube channel, removing all of its videos and changing its name and profile image to look like the legitimate investment firm Ark Invest. The British Army’s videos were replaced by hackers with a series of previous livestreams starring former Twitter CEO Jack Dorsey and Tesla CEO Elon Musk. These livestreams were initially broadcast as part of Ark Invest’s The B Word conference in June, but hackers inserted an overlay encouraging users to join in a cryptocurrency scam. The channel broadcast four livestreams at the same time, some attracting thousands of people.

The scammers who took over the British Army’s accounts utilized some of the same strategies as in the past. In March, hackers took over MKLeo’s Twitter account, one of the world’s top Super Smash Bros. Ultimate players, and used it to sell phony NFTs that appeared to be affiliated with The Possessed. Only two months later, scammers stole $1.3 million using the identical Ark Invest livestreams that were repurposed for this hack.