In a new X post, on-chain sleuth ZachXBT revealed that several large accounts on X have been compromised and promoting a Solana memecoin scam with the ticker $HACKED.
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
On further glance, it looks like the regular traders haven’t lost a significant sum of money yet. Apparently, the top traders on the scam coin only made a profit of $8k, which likely means that the attackers themselves lost money and resources using this method. Soon after the scam went live, the attackers removed the token’s liquidity and rugged it back to zero.
At press time, the coin’s market cap stands are merely $3,800 with only $28 left in the liquidity pool.
On a lighter note following the incident, ZachXBT called the attacker a “strong contender for the most incompetent hacker of the year” and mentioned that the attacker probably spent 5-6 figures to make this method work.
They probably spent 5-6 figures on the method so lost money lmao
— ZachXBT (@zachxbt) September 18, 2024
Strong contender for most incompetent hacker of the year
As a safety precaution, ZachXBT reminded users to always disconnect apps from Twitter that aren’t in use. This can be done from Settings -> Security and account access -> Apps and Sessions.
