Scammers Hack Twitter Accounts of Bill Gates, Barack Obama, Others

Following multiple tweets containing 'financial advice' from Bill Gates, Barack Obama, Elon Musk and others, people ended up handing over more than $100,000 on Wednesday... to scammers!

It was an investment that was supposed to double their money. The only problem was that the 'financial advice' didn't actually come from those high-profile people -- which also included Kanye West, Joe Biden and Michael Bloomberg.

"We are aware of a security incident impacting accounts on Twitter," officials said in a statement on Wednesday. "We are investigating and taking steps to fix it."

Twitter then locked all verified accounts as a precaution until they were able to recover those that had been hacked.

According to Twitter officials, Bitcoin scammers are suspected to be behind it all.

And apparently, the stock-owning public didn't have too much confidence in Twitter's IT department... Because after news of the hack was released, the company's stock immediately began to fall, dropping 4 percent after hours.

Read the full story on NBC News.

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