Peter Schiff, a well-known gold advocate and critic of Bitcoin, has fallen victim to a compromised Twitter account, according to Blockfence. The security firm has confirmed that Schiff’s account was hijacked and is being used to publish tweets that direct users to a phishing website. It is strongly advised not to click on or engage with any links shared through Schiff’s account.

Multiple tweets have been posted on Schiff’s account, all of which should be avoided. Blockfence has warned that if users proceed with the transactions associated with the shared link, their wallets could be drained. The scammers behind the attack are using the compromised account to promote a fake gold presale. However, Blockfence notes that the presale smart contract is likely not an externally owned account (EOA) based on their detection.

This incident serves as a reminder of the ongoing security risks associated with social media accounts. Users should exercise caution and remain vigilant while interacting with content shared on such platforms. In this case, it is crucial to avoid clicking on any suspicious links from Peter Schiff’s compromised Twitter account and to report the activity to the appropriate authorities.

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