The Twitter world was shined with a bad light on Wednesday after it rose up to the unprecedented hack and a brazen attack on its security standards as the hack of what has been labeled as an apparent Bitcoin Scam has targeted the global faces including politicians, celebrities, tech leaders, and billionaires. 

The targeted group of people is from the United States and has been recognized with crores of followers on Twitter and wealth worth of billions as the hack was executed to either coerce or stimulate their followers across the globe. The bogus 'copy-paste' tweets were published from the official accounts of Former US President Barack Obama, Democratic presidential front-runner Joe Biden, Billionaires Bill Gates, Jeff Bezos, and Elon Musk. 

Notable people like Michael Bloomberg, American rapper Kanye West, and his wife Kim Kardashian West have gone vulnerable and seen their official Twitter handles were hacked in an apparent Bitcoin Scam. Former US President Barack Obama has been accredited to have most followers in the world. He currently has 120 million followers on Twitter and the grim development of breaching the standards and hacking the celebrities have shocked the entire world and alarmed for the need for introspection. 

The bogus tweets from big shots rolled out the fake offering of USD 2,000 for every USD 1,000 that was sent to an anonymous Bitcoin address. All these tweets were started by " I am giving back to the community" and it went on to say "All Bitcoin sent to the address below will be sent back doubled! If you send $1000, I'll send back $2000. Only doing this for 30 minutes. Enjoy!". 

According to the reports, the hacks appeared to have designed to lure their Twitter followers into sending money to an anonymous Bitcoin account. After the hack came to the revelation, Twitter said it was a coordinated attack targeting its employees with access to internal systems and tools. Twitter's Chief Executive Jack Dorsey tweeted "Tough day for us at Twitter. We all feel terrible this happened". 

The bogus tweets sparked across the world around 4 pm of the US time on Wednesday. The Biden Campaign said that Twitter's team has locked down the account within a few minutes after a breach was reported and removed the related tweet and the social media company has locked most of the accounts in the US and the world after the reporting of the unprecedented scam that targeted people across the world through the base of most followed world leaders, tech leaders, and celebrities.

Jack Dorsey stated that "We are diagnosing and will share everything we can when we have a more complete understanding of exactly what happened". Twitter's product lead Kayvon Beykpour tweeted that their investigation into the security incident is still ongoing. He added that "In the meantime, I just wanted to say that I'm really sorry for the disruption and frustration this incident has caused our customers". 

Tough day for us at Twitter. We all feel terrible this happened.

We’re diagnosing and will share everything we can when we have a more complete understanding of exactly what happened.

💙 to our teammates working hard to make this right.

— jack (@jack) July 16, 2020

Former US President Barack Obama hasn't issued any comment on the hack. The Federal Bureau of Investigation (FBI) said it was aware of Twitter's security breach and it hasn't commented further. This breach has been severe enough for Twitter to warn that many of its more than 166 million daily users might be unable to tweet or reset their passwords while the company tried to lock things down. 

Dmitri Alperovitch, the co-founder of cybersecurity company told Reuters that "This hack appears to be the worst hack of a major social media platform yet". The spokesman for Bill Gates told that "this appears to be a part of a larger issue that Twitter is facing". According to the reports, the Bitcoin wallet promoted in that tweets received over $1,00,000 through at least 300 transactions, which surfaced the dreadful implications of the hack and the well-executed scam behind it.

Once we became aware of the incident, we immediately locked down the affected accounts and removed Tweets posted by the attackers.

— Twitter Support (@TwitterSupport) July 16, 2020

Although breaching and hacking isn't new to Twitter as its Chief Executive Jack Dorsey's account was hacked and tweeted racist and vulgar comments last year, this kind of hack on the global shots has been unprecedented. In the albeit of having an immediate removal and intervention, experts say Twitter has still a lot more to do in countering the grounds of the breach to protect it from getting more vulnerable. 

The FBI's San Francisco field office has appealed to people not to fall victim to this scam by sending money or cryptocurrency in relation to this incident - which revealed that this hack has shocked the United States of America, amid the high time when the country is preparing for the presidential elections.