The “co-ordinated” Twitter Bitcoin hackers looted $117,260.69 by posting spam messages on popular twitter accounts. The messages invited payments to a Bitcoin address with the promise of doubling the amount in return.
According to Blockchain.com tracking the BTC account, as much as $117260.69 (that is 12.86252562 BTC) has been received and much of it has been taken out as well leaving the account now hosting a grand total of just $105.59.
Twitter said it was a “co-ordinated” attack targeting its employees “with access to internal systems and tools”.
“We know they [the hackers] used this access to take control of many highly-visible (including verified) accounts and Tweet on their behalf,” the company said in a series of tweets.
It added that “significant steps” were taken to limit access to such internal systems and tools while the company’s investigation was ongoing.
Meanwhile, Twitter CEO Jack Dorsey tweeted: “Tough day for us at Twitter. We all feel terrible this happened.”
It is still being investigated if any Twitter employee was behind the spam.
Some leading cryptocurrency sites were also compromised on Wednesday. Cryptocurrency platforms like Coinbase and Gemini falsely “announced” they had partnered up with an organization called CryptoForHealth, through their Twitter accounts. They claimed that the organisation was going to provide people with bitcoin as long as they sent some to an address first.