

The following tweet announced that they would like to raise a million dollars to help people fighting Corona, and the last tweet also claimed that they developed a cryptocurrency wallet to contribute money to help India.
The minister's Twitter account was recovered later on Sunday afternoon. Regarding the hack, the Minister of Electricity posted the following comments on his Twitter page saying:
“Dear ones, my Twitter account has now been recovered and restored. Thank you for your interest and support, and thank you to the state’s cybercrime wing, Twitter administrators, and all other tech minds.”
Hacking the social media accounts of government-related officials and celebrities is not new, crypto-scams in Twitter accounts are on the rise. Despite all the warnings issued by governments.
An FBI special agent reported that fraudsters pretending to be bank employees defrauded an elderly couple from the US state of Kentucky for $373,700 and used it to buy cryptocurrency.
Agent Chelsea Holliday submitted a statement in support of the government's request for $270,781 in cryptocurrency, from an account linked to the alleged scam.
Holliday said the FBI received a complaint in February from a bank that the couple had fallen victim to a fraudulent transfer of $373,700 to a California bank.
Notably, the victims received calls from people claiming to be employees of Community Trust Bank and Microsoft, who said the victims' accounts had been hacked and that they needed to transfer their money to protect it, according to the affidavit.
The FBI reveals the increasing fraud against the elderly!
The
victims then allowed the scammers to access their personal computers
remotely, giving them usernames and passwords to access bank accounts and
email.
In the same vein, one of those involved in the fraud directed one of the victims to open a cryptocurrency account in a California bank and transfer funds to him.
The funds were used to buy Bitcoin which was eventually sent to someone's account in China, according to the affidavit.
At the time, this account showed a recurring pattern of bitcoin deposits, followed by instant orders to exchange it for another cryptocurrency USDT (Tether), followed by quick withdrawals, according to Holliday.
Federal authorities in turn confiscated the coin in April, as the government does not require criminal charges of forfeiting coins in forfeiture lawsuits.
Finally, the FBI reports that fraud against seniors has risen at an alarming rate, with more than 92 victims over the age of 60 reporting a total loss of $1.7 billion in 2021, according to the FBI's annual report, an increase of 74% from 2020.