OnePlus Founder's Twitter Account Hacked to Promote Crypto Scam

Carl Pei seemed be tweeting that his new company was launching a crypto.

AccessTimeIconMay 25, 2021 at 9:42 a.m. UTC
Updated Sep 14, 2021 at 1:01 p.m. UTC

The Twitter account of OnePlus co-founder Carl Pei was hacked on Tuesday to promote a crypto scram.

  • Carl Pei seemed be tweeting that his new company, Nothing, was introducing a cryptocurrency and would-be investors could participate in its initial coin offering by sending ethereum to a designated address.
  • Pei subsequently told tech news website Engadget's senior editor, Richard Lai, that the quickly deleted tweet was the result of a hack. He also tweeted to his followers on his own account.
  • The China-born Swedish entrepreneur left electronics manufacturer OnePlus in October 2020 to set up Nothing, which is set to unveil its first products in June.
  • Hacks of high-profile Twitter accounts are nothing new. Most notably in July of last year the accounts of some of the world's most-followed individuals, including Elon Musk, Bill Gates, Kanye West and Joe Biden, were hacked to request amounts of bitcoin be sent to designated addresses with a promise of double being sent in return. The perpetrators netted around $120,000 from the scam.

Read more about


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.

Investing in the Future of the Digital Economy
October 18-19 | Spring Studio, NYC