• Peter Schiff, a gold bull and crypto skeptic, had his Twitter account hacked to promote a fraudulent gold coin scheme.
• The hacker shared a previous tweet from the same account expressing disapproval of the government’s decision to increase the debt ceiling and so cause inflation.
• Peter Schiff responded to CZ’s tweet where he welcomed Peter to the bitcoin community by saying, “I haven’t converted.”
Peter Schiff’s Account Hacked
Peter Schiff has made a name for himself as both a gold bull and a crypto skeptic. Unfortunately, it appears that his Twitter account was recently hacked in order to promote what looks like a fraudulent gold coin scheme. The hacker shared a previous tweet from the same account expressing disapproval of the government’s decision to increase the debt ceiling and so cause inflation.
Crypto Skeptic Comments on Bitcoin
Peter Schiff seems to be on board with the concept of Bitcoin long before the attack. The Bitcoin Ordinals NFT collection was announced by this severe critic. He responded to CZ’s tweet where he welcomed Peter to the bitcoin community by saying, “I haven’t converted yet.“ The crypto-world was caught off guard by this action but Schiff remains steadfast in his assertion that bitcoin is worthless.
Warning Against Phishing Scam
Users are strongly discouraged from engaging with any replies or links associated with this Tweet as they are likely part of this phishing scam. According to Blockfence, making any transactions after clicking that link will empty your wallet. This type of hacking of prominent twitter accounts for promoting crypto phishing is on the rise in recent times which makes it even more crucial for users to remain vigilant when browsing social media platforms online.
Gold Cryptocurrency Token Promotion
The hacker used Peter’s Schiffs‘ twitter account in an attempt to promote Gold, a cryptocurrency token that would allegedly strengthen Web3 community and unite fiat and digital money worlds together; however there is no evidence that such tokens exist or have any value whatsoever which goes against Schiffs‘ staunch anti-crypto stance even more so than usual!
Ordinals Contribute To Work’s Worth
By making it simpler to demonstrate originality, Ordinals contribute towards work worthiness; however whether or not Schiffs‘ followers will accept such tokens remains yet unknown due to his negative attitude towards cryptocurrencies!