On July 15, 2020, several political, corporate, and cultural leaders had their Twitter accounts hacked. Although still under investigation, it is believed that a group of young people, not sophisticated hackers, carried out the breach in an attempted Bitcoin scam.
Massive security breaches occur every day—not even the most prominent politicians and businessmen are immune. On July 15, Twitter discovered fake tweets coming from Barack Obama, Joe Biden, Mike Bloomberg, Jeff Bezos, Bill Gates, and Elon Musk’s accounts. Kanye West and Kim Kardashian West were also subject to the hack.
Online sellers are notoriously known by the IRS as tax cheats. The IRS estimates that businesses across the United States pay $125 billion less in taxes each year than they actually owe. The IRS is on a mission to reduce that number.