Crypto scam: Twitter’s internal tool was used in hijacking verified accounts

Crypto scam: Twitter’s internal tool was used in hijacking verified accounts

Twitter has acknowledged that hackers used its internal tool for the hack leading to a crypto scam that tricked hundreds worldwide.


Yesterday, Hackread.com reported a ‘tricky’ new crypto scam where hackers gained control of verified Twitter accounts. The compromised accounts then tweeted and asked people to send in cryptocurrency and get it doubled within no time.


The compromised accounts belonged to popular companies and personalities like:


Barack ObamaJoe BidenBill GatesElon MuskJustin SunAppleUberCoinbaseGeminiKanye WestJeff Bezos

According to the latest reports, a Twitter employee was responsible for the whole accounts takeover fiasco that stormed the internet world.

Two sources involved in the accounts takeover told Motherboard that they used a Twitter rep for hacking verified accounts. The hackers allege that the rep did all the work for them, and they paid him for his services.


See: Ex-employee stole secrets of Israeli spyware firm for dark web deals


Yet, officially, Twitter is still investigating the matter and trying to figure out whether the employee hijacked the accounts or allowed hackers to access them. It is, however, confirmed that the Twitter accounts were hacked using an internet tool. 


Twitter also posted an official statement to address the attack stating that:


“We detected what we believe to be a coordinated social engineering attack by people who successfully targeted some of our employees with access to internal systems and tools,” the first tweet in a multi-tweet explainer thread explained.

“We ..

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