He hacked 15 platforms, made a memecoin scam!
Crypto detective
#ZachXBT stated that a hacker took over crypto-focused X accounts and made memecoin shares.
According to ZachXBT, the hacker took over 15 X accounts and introduced fake memecoins. The blockchain researcher revealed the method used by the crypto thief.
The hacker imitated the X accounts he took over exactly and created a sense of urgency for investors to quickly turn to memecoins.
According to ZachXBT, the victims unknowingly used the fake site to reset their X account passwords and two-factor authentication (2FA) logins. The hacker took control of the accounts with the information he took over and made memecoin shares from the relevant accounts. The fraudster also took over the X account of the famous broadcast platform Kick.
Crypto detective ZachXBT reported that the fraudster made a $500,000 scam. The X accounts that were compromised and used as a front in the memecoin scam include Cursor, The Arena, Brett and Alex Blania.
According to blockchain records, the hacker tried to hide the stolen funds by bridging the
#Solana and
#Ethereum networks.
ZachXBT advised users to limit email addresses and use two-factor authentication on accounts. The crypto detective noted that the compromised accounts had more than 200,000 followers.
Blockchain startup Neutron was among those who admitted that the X account was compromised.
Phishing thefts decreased by 53 percent in November compared to the previous month. According to a report prepared by Chainalysis, crypto thieves stole $2.2 billion in 303 attacks in 2024.
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