Hacked X Accounts Promote Solana Meme Coin In Latest Scam

The X accounts of several global personalities and organizations across the world were hacked with the crypto scammers trying to pull off a Solana meme coin pump and dump. Reportedly, the hackers were promoting meme coin HACKED through the X Accounts of Yahoo News UK, Lenovo India, and many others.

Solana Meme Coin Scam Targets X Accounts

Meme coins have gained huge attention this year amid a strong market rally. Here’s the list of Top 9 Solana Meme coins for 2024.

Crypto sleuth ZachXBT reported that the recently hacked X accounts of organisations have been promoting a new meme coin scam. As per the screenshots shared by ZachXBT, these accounts were promoting meme coin HACKED. The hackers put out a clear message to pump the meme coin through various accounts and mint profits.

It read: “THIS IS HACKED ACCOUNT!!!! INTRODUCING $HACKED ON SOLANA on each account we hack we publish the token address so we pump it and make profits together.”

Tha hacker also managed to get access to the X accounts of some of the global organisations such as the World Health Organisation (WHO) and the European Union in Brussels.

Scammer Loses Money in Recent Hack

As per the report from ZackXBT, most of the scammers have reportedly lost money in this process with the top traders only earning around $1,000 with the Solana meme coin HACKED’s market cap at just $67,000. ZachXBT also speculates that the compromised accounts likely granted permissions to the same app or website.

As a result, ZachXBT urged user to regularly check their app permissions for any suspicious access. He advised, “Always go to X settings and revoke connected apps you don’t use,” and provided step-by-step guidance: “Settings -> Security and account access -> Apps and Sessions or Connected apps.”

ZachXBT noted that the scammers managed to remove liquidity from the account by making a mere $8,000. Besides, cryptocurrency hacks have propped up once again this year.

In one such latest development, Ethena Labs, the organization responsible for the decentralized synthetic dollar protocol, recently suspended its website following a domain account hack on the platform.

Similarly, the DeltaPrime DeFi protocol lost nearly $6 million following a security breach on the Arbitrum Network earlier this week.

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Bhushan Akolkar

Bhushan is a FinTech enthusiast with a keen understanding of financial markets. His interest in economics and finance has led him to focus on emerging Blockchain technology and cryptocurrency markets. He is committed to continuous learning and stays motivated by sharing the knowledge he acquires. In his free time, Bhushan enjoys reading thriller fiction novels and occasionally explores his culinary skills.

Disclaimer: The presented content may include the personal opinion of the author and is subject to market condition. Do your market research before investing in cryptocurrencies. The author or the publication does not hold any responsibility for your personal financial loss.