Tuesday, October 23, 2018
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Socialite Zari’s Instagram Hacked, Hacker Demands to be Paid in Bitcoin

Cross-border socialite Zari Hassan’s Instagram account (username: zarithebosslady) has been hacked.

The socialite no longer has access to her account which had garnered 4.2M followers, and recently got verified with a blue badge.

Zari’s Instagram had 4.2 Million followers

The hacker has now asked Zari for a ransom of bitcoins worth $4000 (about Shs 14,800,000).

Bitcoin is a cryptocurrency, a new form of electronic cash created in 2009 by an unknown person using the alias Satoshi Nakamoto. It is a decentralized digital currency without a central bank or single administrator, though some researchers point at a trend towards centralization.

According to some sources, bitcoin is increasingly being used for money laundering and extorsion as  many individuals feel more comfortable holding a part of their wealth in securely-stored bitcoin, where a central authority cannot block access or take a cut.

The hacker demands to be paid bitcoins worth $4000

Zari joins the list of celebrities including musician Jose Chameleone and comedian Anne Kansiime among others that have lost their Instagram Accounts to hackers.

Well as Chameleone was able to reposes his after paying a ransom, Anne Kansiime lost all her followers and will most likely never have them back.

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Alex Alinda
Alex Alinda is a journalist, blogger and Social-Media enthusiast; passionate about African Music, Arts & Entertainment. A Makerere Graduate with over 4 years of reporting on news about Uganda’s Entertainment Scene and other national events, he is the Managing Editor for Tower Post Media. Reach him on: +256 700 703903, +256 775 607219 Email: aalinda97@gmail.com
http://www.thetowerpost.com