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I disagree with some of the things that this article is saying since there are ways to fundamentally do the same scam, but not make it so incredibly obvious tha
by aripickar 6y ago
I disagree with some of the things that this article is saying since there are ways to fundamentally do the same scam, but not make it so incredibly obvious that it's a scam. Or, the user could cause disruption in other markets that are not obvious.
1. Change the order of who they targeted. The hacker started by attacking Elon Musk and a few other high profile celebrities. But, later in the hack, they tweeted from Mr. Beasts profile, a Youtuber who is known for giving away large sums of money. If they had started with Mr Beast, then there would be a lot less skepticism and a lot more confusion, since it would have been a lot more likely to not actually be a scam in users minds.
2. Target poorly regulated markets. Theres a decent amount of Liquidity on the betting market for the US presidential election on betfair. Have Biden tweet something out about him dropping out due to heart problems, have the Reuters/AP tweet a breaking news article confirming it, bada bing bada boom millions of dollars coming your way. Its not like the only liquid markets are well regulated. It looks like a hack thats designed to scare people for political points, but you can make money off it.