Vertcoin’s Twitter Account Hacked, Promised Fake Bitcoin Giveaway

The official Twitter account of Vertcoin, a peer-to-peer digital currency and software project, was compromised earlier today in an attempt to carry out a Bitcoin (BTC) scam.On May 1, the Vertcoin Twitter account posted an announcement of a cryptocurrency giveaway in celebration of Vertcoin’s success. The tweet promised to transfer 10 BTC to the winner, which would be announced on May 3. To enter the giveaway, the fraudsters asked users to send 0.005 BTC to an address they cited in the post:Hey, everyone! Vertcoin and staff are pleased to announce that we’re doing a 10 BTC giveaway to our followers to celebrate Vertcoin's success. Send 0.005 to 3HU5sj7kB6wT9zRwpbhCRrR28vKWjfkMKf enter! Winner will be announced 5/3/18 at 8pm EST.— Vertcoin (@Vertcoin) May 1, 2018Almost immediately after the scam-tweet was posted, James Lovejoy, Vertcoin’s Lead Developer, warned followers that the Vertcoin account was compromised, adding that all giveaways are fake.The @Vertcoin twitter account…

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