Recent developments in the crypto space have underlined the continuous danger of frauds, especially via social media channels.
High-profile X (previously Twitter) hacking events have exposed significant number of victimized accounts, promoting fake memecoins. These events highlight security flaws as well as the extent scammers will go to exploit unsuspecting users.
High-Profile Hacks And Their Effects
Multiple well-known X accounts—including that of Lenovo India and Yahoo News UK—were hacked to support a fictitious memecoin known as HACKED.
According to blockchain researcher ZachXBT, investors were persuaded into buying the fake coin from these hacked accounts.
Community Alert: A number of large accounts on X currently have their account compromised and are posting a meme coin scam. pic.twitter.com/8Bvaq59re5
— ZachXBT (@zachxbt) September 18, 2024
However, the scope of these accounts is significant, and despite avoiding getting locked out of their hijacked accounts
We współpracy z: https://bitcoinist.com/hacked-x-accounts-power-massive-crypto-scam/
