An 18-year-old Florida teen has pleaded guilty to 30 counts of internet frauds and hacking, according to Florida Prosecutors.

Graham Ivan Clark of Florida has been accused of masterminding the hijacking of Barrak Obama and Bill Gates' Twitter account has been sentenced to three years in prison and the next 3 years under probation.

Clark is said to have scammed $117,000 in Bitcoin using fraudulent Twitter accounts.

According to prosecutors, Clark and his fellow conspirators hacked into several Twitter accounts - including politicians like Michael Bloomberg and celebrities like Kim Kardashian and Kanye West.

He also barged into Elon Musk's account tweeting he would double any Bitcoin payments sent to a specific Bitcoin address.

Twitter called the hack a "coordinated social engineering attack."

"The hackers targeted a small number of employees through a phone spear-phishing attack...to gain access to both our internal network as well as specific employee credentials that granted them access to our internal support tools," Twitter said.