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Monday, April 9, 2018

@Bitcoin hacked on Twitter - but the owner says it's a conspiracy and Twitter's CEO Jack Dorsey is part of it...

The Twitter username @Bitcoin has taken a lot of heat in the past - that's because the anonymous owner doesn't use it to actually talk Bitcoin, but is instead a heavy promoter of BCH (aka Bitcoin Cash or BCash) an alternative coin to the original Bitcoin.

Hackers in both Russia and Turkey claimed credit for the hack, but the account owner is going as far as claiming the Twitter CEO Jack Dorsey was part of an inside-job conspiracy against him.

"...Jack disabled this account, gave it to someone else, only to return it in the face of public backlash with 750,000 fewer followers. #censorship" he said in a Tweet shortly after gaining back control of the account.

Twitter CEO Jack Dorsey has been an advocate of the original Bitcoin, recently stating "The world ultimately will have a single currency, the internet will have a single currency. I personally believe that it will be bitcoin."

Unfortunately, the truth behind the hack is likely much less interesting, and we highly doubt this was an 'inside job'.  A more likely and simple explanation such as malware or a keylogger installed on a device of the owner is probably how this and most twitter 'hacks' occur.
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Author: Adam Lee
Asia News Desk