Accounts for Biden, Gates and others are hacked

SANFRANCISCO>> Some of the biggest names in politics, entertainment and technology, including Joe Biden, Kanye West, Bill Gates and Elon Musk, appeared to have had their Twitter accounts hacked Wednesday.

The accounts sent messages related to cryptocurrency, with most of the messages promising to double the money of anyone who sent Bitcoin to a specific cryptocurrency wallet. Within hours of the tweets appearing, nearly 300 people had fallen for the scam, sending more than $100,000 to the wallet. Many of the tweets were quickly removed, but in some cases similar tweets were sent again from the same accounts.

Twitter sent out a message saying that it was investigating the problem and looking to fix it.

The attack was a brazen show of force by the attackers who managed to seize one of the primary means of communications for a who’s who list of Americans. The hackers did not use their access to take aim at any important institutions or infrastructure like the stock market — instead deciding to just ask for Bitcoin.

But the attack was frightening because the hackers could have easily caused much more havoc. There was quickly speculation on what would have happened if the attackers had instead decided to move the financial markets or sew political chaos. Even though this didn’t happen, the attack exposed the vulnerability of a company, Twitter, that has become a de facto real-time news source.