Twitter Bitcoin hack – this is how the hack was carried out

Twitter hack info
Reuters has reported that after a thorough investigation, the Twitter team finally figured out how cybercriminals managed to take celebrity Twitter accounts and exploit them for a Bitcoin scam. According to the Twitter team, the criminals managed to gain access to around 130 celebrity accounts using the phone’s spear phishing technology.
“Spear phishing” means that hackers send emails from someone whose address is known to the recipient to induce the recipient to disclose confidential information.

Twitter team members targeted
The article also reports that the hackers targeted certain Twitter team members, those who work directly with account management tools. Earlier it was reported that Twitter suspected that one of its employees had even been bribed to help the hackers. Reports that the hackers had taken control of included accounts from Bill Gates, Elon Musk, Kim Kardashian, Barack Obama, Changpeng Zhao (CEO of Binance), a few exchanges, etc.
They offered Twitter users the following exchange: Users send Bitcoin to an address and receive double that amount. This is a classic scam scheme. Immediately after the attack, Twitter blocked all affected accounts to prevent further damage. Some crypto exchanges blocked the scamer’s bitcoin address to prevent users from sending their cryptos to them. Soon after the incident, control of the kidnapped accounts was returned to their owners.