TRON CEO offers $1 million to whoever identifies Twitter hackers

Written by: Ali Raza
July 16, 2020
  • Yesterday's hack of Twitter resulted in numerous verified accounts being hacked.
  • Attackers targeted major accounts in and out of the crypto industry, using them to trick people to send BTC.
  • Now, TRON CEO Justin Sun offered a $1 million-large reward for those who can identify the attackers.

The news of Twitter hack has been the main topic around the world today. Numerous accounts were hijacked by unknown hackers, many of which belonged to verified users, including celebrities, billionaire investors and businessmen, and even corporate accounts of major firms.

The attackers were after one thing — Bitcoin — and they used celebrities to trick people into sending it to them. Now, many are furious and are willing to stop at nothing in order to find out who did this.

TRON CEO offers a massive bounty for hacker hunter

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Among those who seek answers is Justin Sun, the CEO and founder of the crypto project TRON (TRX). Sun got involved due to the fact that the main TRON Foundation account, as well as his own, were among the hacked accounts.

He is also not the only one from the crypto industry. Hackers also hit accounts of Binance, Coinbase, Ripple, CoinDesk, KuCoin, Charlie Lee, and many others.

As a result, Sun offered a massive $1 million bounty to anyone who can identify the source of the attack. The tweet in question cam from BitTorrent account, stating that Sun will ‘personally pay those who successfully track down, and provide evidence for bringing to justice, the hackers/people behind this hack affecting our community.’

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This is why people need decentralization, says Sun

Since then, Sun has also revealed that TRON is investigating the incident itself, in collaboration with Twitter. However, he also noted that, despite all measures, things like this continue to happen, which signals the urgent need for society to adopt decentralized, trustless software, and services.

While the scale of the attack is undoubtedly massive, the hunt for the responsible parties will likely be just as big, considering the size of the reward.