Menace actor steals half of 1,000,000 by technique of 15 compromised X accounts: ZachXBT
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Home » Markets » Menace actor steals half of 1,000,000 by technique of 15 compromised X accounts: ZachXBT
Dec. 24, 2024
Oeisdigitalinvestigator.com: The strategy of hacking social media accounts to push fraudulent tasks or tokens is trendy among cybercriminals in the crypto replace.
Key Takeaways
- A threat actor stole $500,000 by technique of meme coin scams promoted thru compromised X accounts.
- ZachXBT suggests not reusing emails and the exercise of security keys for significant accounts.
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A threat actor netted roughly $500,000 thru a sequence of meme coin scams launched by technique of extra than 15 compromised X accounts, in preserving with blockchain sleuth ZachXBT. The hacked accounts incorporated Kick, Cursor, Alex Blania, The Enviornment, and Brett, among others.
1/3 A threat actor has stolen ~$500K over the past month by compromising 15+ X accounts (Kick, Cursor, Alex Blania, The Enviornment, Brett, etc) from sending targeted phishing emails which impersonated the X crew to steal credentials after which launch meme coin scams. pic.twitter.com/HEWQdVICgJ
— ZachXBT (@zachxbt) December 24, 2024
The attacker obtained get right of entry to by sending targeted phishing emails disguised as X crew communications to steal person credentials, ZachXBT famed.
The plot alive to sending fraudulent copyright infringement notices to get urgency and deceive customers into visiting phishing sites where they would reset their two-part authentication (2FA) and passwords.
All account takeovers were linked thru a single deployer address frail for every rip-off. The attacker attempted to cloak the funding supply by shifting belongings between the Solana and Ethereum networks.
ZachXBT told customers to lead certain of reusing electronic mail addresses across companies and prompt the exercise of security keys for 2FA on significant accounts.
Hacking social media accounts has change into a prevalent approach for cybercriminals taking a look to promote fraudulent cryptocurrency tasks or tokens. And they goal effectively-acknowledged figures and manufacturers to lend credibility to their fraudulent schemes.
Earlier this month, the educated X account of the Cardano Basis used to be hacked, leading to the unfold of fallacious knowledge a pair of nonexistent SEC lawsuit and the promotion of a rip-off token connected to Solana.
The misinformation introduced about confusion within the Cardano neighborhood and negatively impacted the worth of ADA, which dropped by 4% to $1.18.
In a separate case, rap large title Drake’s educated X account used to be hacked, promoting a false meme coin named ‘Anita.’
The adversary exploited his collaboration with playing platform Stake to create fallacious partnership claims, deceptive his followers with fraudulent token significant aspects and a venture character. Each the deceptive posts and the venture’s X account were immediate removed and suspended.
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