A hacker group has reportedly stolen over $14 million by hijacking investor accounts on the X platform, including those of Keith Gill, Matt Furie, and WinRAR. The group used these compromised accounts to promote fraudulent tokens and engage in cross-chain money laundering across Solana, BNB Chain, Ethereum, Tron, and Hyperliquid. The scheme involved issuing Pepe clone tokens with a 2% automatic fee mechanism, linked to the bnbshare.fun platform and various blockchain addresses.
The hackers are also connected to a $2.45 million wstETH phishing attack in 2024. They manipulated several tokens, such as USOR, VDOR, DROID, WCOR, and UGOR, to artificially inflate market capitalizations before dumping them to zero. This operation highlights the ongoing vulnerabilities in digital asset security and the sophisticated methods employed by cybercriminals.
Hackers Exploit X Account Takeovers to Steal $14 Million in Token Scams
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