Scam Twitter Profile Impersonates 6 Different Crypto Accounts

Filmmaker Seif Elsbei's Twitter account has been hacked, and took on the personas of at least six different cryptocurrency developers and exchanges.

AccessTimeIconApr 18, 2018 at 9:05 p.m. UTC
Updated Sep 13, 2021 at 7:50 a.m. UTC
Consensus 2023 Logo
Join the most important conversation in crypto and Web3 taking place in Austin, Texas, April 26-28.
Consensus 2023 Logo
Join the most important conversation in crypto and Web3 taking place in Austin, Texas, April 26-28.

In an egregious example of the "blue checkmark" scam infecting crypto-Twitter, a fraudulent account that recently aimed to dupe users of the cryptocurrency Verge moved onto Bitfinex – that is, before going dark completely.

The Next Web reported Wednesday that freelance film producer and director Seif Elsbei's verified Twitter account (@seifsbei), which boasts Twitter's coveted blue checkmark and over 83,000 followers, was posing as the official account of the Verge developers. The cryptocurrency was thrust into the limelight Tuesday with the news that Pornhub would accept it as a payment method.

Verge's real account, @vergecurrency, lacks a verified checkmark, which the hacker behind @seifsbei perhaps saw as an opening. Twitter allows verified users to change the display name of their accounts without risking their verified status, so @seifsbei adopted the display name vergecurreǹcy. They then proceeded to retweet messages from the actual verge account.

Shortly after, @seifsbei moved on to impersonating the exchange Bitfinex under the name Ƀitfinex.

CoinDesk - Unknown

@seifsbei as Bitfinex, 2:11 pm EDT

A Google search for the account indicates that it was impersonating another exchange, Bittrex (as Ƀittrex), prior to posing as either the verge team or Bitfinex.

As The Next Web points out, the account's controller has previously masqueraded as ethereum's founder Vitalik Buterin. Retweets from the @bitcoin account suggest they were also posing as that account as well as that of the Tron project.

Prior to this week, @seifsbei tweeted almost exclusively in Arabic. Elsbei announced on his Facebook page Tuesday that this account had been hacked and that he was working to recover the handle.

After being contacted by CoinDesk, the account removed its banner image and avatar. Its username is now "." As of press time, the account has not lost its checkmark.

CoinDesk - Unknown

@seifsbei in stealth mode, 2:49 pm EDT.

Image Credit: BigTunaOnline /


Please note that our privacy policy, terms of use, cookies, and do not sell my personal information has been updated.

The leader in news and information on cryptocurrency, digital assets and the future of money, CoinDesk is a media outlet that strives for the highest journalistic standards and abides by a strict set of editorial policies. CoinDesk is an independent operating subsidiary of Digital Currency Group, which invests in cryptocurrencies and blockchain startups. As part of their compensation, certain CoinDesk employees, including editorial employees, may receive exposure to DCG equity in the form of stock appreciation rights, which vest over a multi-year period. CoinDesk journalists are not allowed to purchase stock outright in DCG.

Learn more about Consensus 2023, CoinDesk’s longest-running and most influential event that brings together all sides of crypto, blockchain and Web3. Head to to register and buy your pass now.

Read more about