According to Bloomberg, all the compromised accounts sent out tweets promising to double the money sent by anyone sending money via Bitcoin within the next 30 minutes.
Twitter CEO, Jack Dorsey

According to Bloomberg, all the compromised accounts sent out tweets promising to double the money sent by anyone sending money via Bitcoin within the next 30 minutes.

The official twitter handles of Uber and Apple posted similar tweets with the scam soon after.

READ THIS
New currency for Nigeria, other West African countries 'delayed for five years'

Apple Twitter account , with over 4.6 million followers, was devoid of any tweet at 22.50 GMT.

Cybersecurity news platform ‘The Hacker News’ said the bitcoin account involved had already received nearly $1,060,000.

READ THIS
New currency for Nigeria, other West African countries 'delayed for five years'

Longrich

One unconfirmed report said the scammers may have stolen as much as $10m.

Some of the messages sent out by the hackers:

Elon Musk Twitter accounts hacked Elon Musk Twitter accounts hacked Elon Musk Twitter accounts hacked Elon Musk Twitter accounts hacked Elon Musk Twitter accounts hacked Elon Musk Twitter accounts hacked Elon Musk Twitter accounts hacked Elon Musk Twitter accounts hacked Elon Musk Twitter accounts hacked Elon Musk Twitter accounts hacked

Twitter says it is investigating the issue. And later put on hold thousands of verified accounts.

READ THIS
New currency for Nigeria, other West African countries 'delayed for five years'

“You may be unable to Tweet or reset your password while we review and address this incident”, Twitter said..

Twitter shares declined 2.3% post market.


COMMENTS...