As a follow up, the same Twitter account was made over to look like the official Status Twitter account, so that they could take advantage of the next big ICO. Twitter finally shut the account down, more than a week after I reported it.

It should be known that Twitter does not have a built-in method for reporting fraud accounts. You have to report them as someone pretending to be someone you know, otherwise if you report them as pretending to be a business, they only let you report the account if you represent the business.