Blockchain gaming conglomerate Animoca Manufacturers confirmed its co-founder and chair, Yat Siu, was hacked on X to advertise a pretend token, in what seems to be the most recent in a string of assaults on crypto X accounts.
“Sadly [Siu’s] social media account has been compromised,” Animoca posted to X on Dec. 26. “The token launch on Solana as claimed in a put up was made by the hacker.”
Within the now-deleted post, Siu’s account shared a hyperlink to a token launched on Solana memecoin launcher Pump.enjoyable referred to as Animoca Manufacturers (MOCA) — named the identical because the agency and its affiliated Mocaverse non-fungible token (NFT) assortment.
Blockchain investigator ZachXBT wrote on X that Siu “probably fell” sufferer to a phishing e mail from a risk actor behind a string of similar hacks and faux token posts which have internet $500,000 previously month.
ZachXBT stated the pretend MOCA token “was deployed by the identical deal with” as equally faked tokens shared on different lately hacked crypto-focused X accounts.
Supply: ZachXBT
The faked MOCA token hit a peak worth of simply over $36,700 shortly after being shared on Siu’s account however primarily misplaced all its worth seconds later, falling to a market cap of round $7,700, according to Birdeye.
The token’s worth is now sitting at round $6,200 and what little buying and selling quantity there was has evaporated.
The pretend MOCA token’s worth plummeted from its peak worth inside a minute, simply moments after a put up of Siu’s X account. Supply: Birdeye
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ZachXBT had earlier defined that an attacker had taken management of no less than 15 X accounts by way of social engineering — impersonating the X group to ship pretend copyright infringement notices.
The notices created a way of urgency and tricked hack victims into visiting a phishing web site the place they unknowingly reset their X account passwords and two-factor authentication (2FA) logins, data that was despatched to the attacker.
The primary identified incident was on Nov. 26, involving the X account for Bitcoin infrastructure service supplier RuneMine, and the most recent — earlier than the suspected assault on Siu — was in opposition to the account for crypto buying and selling video streaming web site Kick on Dec. 24.
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