Several large accounts on X get compromised to promote scam Solana memecoin

In a new X post, on-chain sleuth ZachXBT revealed that several large accounts on X have been compromised and promoting a Solana memecoin scam with the ticker $HACKED.

Community Alert: A number of large accounts on X currently have their account compromised and are posting a meme coin scam. pic.twitter.com/8Bvaq59re5

— ZachXBT (@zachxbt) September 18, 2024

On further glance, it looks like the regular traders haven’t lost a significant sum of money yet. Apparently, the top traders on the scam coin only made a profit of $8k, which likely means that the attackers lost money using this method. Soon after the scam went live, the attackers removed the token’s liquidity and rugged it back to zero.

As a safety precaution, ZachXBT reminded users to always disconnect apps from Twitter that aren’t in use. This can be done from Settings -> Security and account access -> Apps and Sessions.