Litecoin’s X account hacked to promote fake Solana LTC token

Secret Takeaways

Litecoin ( $90.85 ) ’s X account was hacked to advertise a phony Solana-based token with the very same LTC ticker.
Cyberpunks are progressively utilizing targeted phishing e-mails camouflaged as X group interactions to take customer qualifications.

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The authorities X account of Litecoin ( $90.85 ) showed up to have actually been jeopardized previously today, according to various records from crypto area participants. The cyberpunk utilized it to advertise an illegal Solana-based token sharing the very same LTC ticker as the reputable electronic possession.

Did @litecoin simply carpet pull every person????? pic.twitter.com/YNlE4TszOl

— Alpha Wagers (@Alpha69Bets) January 11, 2025

The unapproved message, that included a Solana agreement address for the phony Litecoin ( $90.85 ) token, briefly drove the fraud token’s market capitalization to $27,000 prior to it dove to $3,400, per DEX Screener. The tweet was consequently gotten rid of.

” Beware [about] any type of tweets originating from this account till the group verifies they have actually gained back complete accessibility to the account,” cautioned a customer.

In a current declaration, Litecoin ( $90.85 ) verified that its account was hacked and examinations are still underway. The group reported having actually located and gotten rid of a delegated account that was targeted by the cyberpunk.

Litecoin ( $90.85 ) ’s X account was quickly jeopardized today and articles that were not accredited were released. These were real-time just for an issue of secs prior to being removed. We’re still exploring the concern, however right away located a delegated account that was jeopardized and gotten rid of …

— Litecoin ( $90.85 ) (@litecoin) January 11, 2025

The occurrence complies with a pattern of social networks account concessions targeting top-level crypto jobs and people. In December, comparable assaults struck the Cardano ( $0.72 ) Structure’s X account, which was made use of to spread out incorrect details concerning a missing SEC suit and advertise an illegal Solana-related token.

Blockchain detective ZachXBT reported that in between late November and December, a solitary risk star gathered around $500,000 with meme coin frauds introduced by means of greater than 15 jeopardized X accounts, consisting of Kick, Arrow, Alex Blania, The Sector, and Brett.

The detective additionally recognized a typical assault vector where cyberpunks send out phishing e-mails camouflaged as X group interactions concerning copyright violation, trying to deceive individuals right into seeing deceptive websites to reset their two-factor verification and passwords.

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