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MicroStrategy's X account appears to have been compromised when hackers posted phishing messages early this morning. The incident was reported by a pseudonymous crypto user known as Spreek on X.
MicroStrategy's X Account Hacked, Estimated $440,000 Stolen
Hackers posted several messages on MicroStrategy's X account promoting the issuance of a token called the “MSTR token” and linking to a website under the “microstralegy” domain.
there was a second best after all
(hacked acc if not obvious lol) pic.twitter.com/cdLqbqiiCO
— Spreek (@spreekaway) February 26, 2024
These posts were identified as phishing messages designed to deceive users.
ZachXBT, a blockchain researcher, noted in an X post that an estimated $440,000 may have been stolen from the hacker. This figure is based on the value of the assets at the time of the incident.
MicroStrategy did not immediately respond to requests for comment. However, the phishing posts were later removed from account X.
This incident highlights the ongoing security issues faced by companies in the crypto space.
It serves as a reminder for users to be careful when interacting with digital assets, especially with promotions or offers that seem too good to be true.
*This is not investment advice.