The official Microsoft India X (formerly known as Twitter account) was compromised by cryptocurrency scammers to impersonate Roaring Kitty, the handle used by the trader Keith Gill.

What Happened: The Microsoft India X account was hijacked by individuals operating under the pseudonym ‘Roaring Kitty’, reported multiple sources. The culprits used the account to respond to tweets, leading users to a fraudulent website that falsely promised an opportunity to purchase GameStop (GME) crypto in a presale. The site was designed to pilfer assets from anyone who linked their cryptocurrency wallets and authorized transactions.

Despite the deletion of these posts, the scammers persist in reposting their content from the Microsoft India X account, which remains compromised.

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This incident is not an isolated case. It is part of a concerning trend where verified X accounts are being exploited by scammers. The U.S. Securities and Exchange Commission (SEC) previously confirmed that its verified X account was compromised due to a SIM-swapping attack on the phone number associated with the account.

These high-profile security breaches underscore a disturbing trend in the digital sphere, putting followers at risk and posing a significant security threat to X's 528 million users. The increasing popularity of cryptocurrency makes it a lucrative target for cybercriminals, highlighting the need for more robust authentication procedures and enhanced security measures for social media platforms.

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