Innovations and Hiring Trends in APAC
On 15 July 2020, 45 high-profile Twitter users simultaneously posted a dubious tweet about a bitcoin scheme that was too good to be true. Users like Barack Obama, Bill Gates, Jeff Bezos, Elon Musk and Warren Buffett claimed that, for 30 minutes only, all bitcoin sent to a specific cryptocurrency wallet would be doubled as part of an elaborate charity drive. Within minutes, 320 bitcoin transactions were made, totalling up to more than US$110,000 in value.
The tweet turned out to be part of a bitcoin scam later described as “the worst hack of a social media platform yet”. Three perpetrators were arrested soon after, with the mastermind being a 17-year-old teenager from Florida.