Scammers hacked the late actor Matthew Perry’s Twitter account and posted a fake plea for cryptocurrency donations in the name of his foundation. The foundation confirmed the post was a scam and urged people not to donate.
The article details several possibilities for how the account may have been compromised, highlighting the importance of strong passwords and multi-factor authentication for securing social media accounts, especially for celebrities with large followings.
You assume that crypto is some “honest” and “for the people” currency system because its all documented in the blockchain, when in reality it is gamed by big banks, investors and scammers just like other financial tool where a lot of money is involved and no or insufficiant regulations are in place. If Elon tweets “you can no longer buy tesla withy bitcoin”, your savings will loose a lot of value over night.
