Monday 29 April 2013

The Coming Crisis: US To Probe Profits From Twitter Hack Hoax

The Coming Crisis
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US To Probe Profits From Twitter Hack Hoax
Apr 30th 2013, 03:20

The Securities and Exchange Commission (SEC) is investigating the hacking of the Twitter account of the Associated Press (AP), which temporarily wiped $136bn (£88bn) from the New York Stock Exchange.

The study will examine whether anything "nefarious" took place in the markets before and after the chaos.

The hoax tweet was sent from the official AP account to two million followers which reported explosions in the White House and that President Obama had been injured.

The message was re-tweeted 3,000 times and the Dow Jones plummeted 150 points within three minutes.

http://news.sky.com/story/1084755/us-to-probe-profits-from-twitter-hack-hoax

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