Extorted out of a $50,000 Twitter Account

This guy was forced out of his Twitter account from a hacker who held his GoDaddy domain websites hostage.

Anybody else see this article?

 

Blog Entry- https://medium.com/cyber-security/24eb09e026dd 

PCmag Article- http://www.pcmag.com/article2/0,2817,2430138,00.asp 

Saw it on reedit. I also heard That the person who stole the account was tracked down and his/her info was posted on reedit but was later  taken down.