1 day Ago By Mayank Parmar
An X account hacking spree has fueled a successful pump-and-dump scheme for the $HACKED Solana token, with people rushing to buy the coin. The hacked accounts include MoneyControl (1.4 million followers), People Magazine (7.
8 million), and even EUinmyRegion (an account operated by the European Commission), with close to 100K followers. The hacking spree started at approximately 2:00 PM ET, with hundreds of X accounts hacked to post a tweet about pumping the $HACKED token. All of the posts are identical, stating, "THIS IS HACKED ACCOUNT! INTRODUCING $HACKED ON SOLANA on each account we hack we publish the token address so we pump it and make profits together.
" The cyberattack is promoting a cryptocurrency token named $HACKED on the Solana blockchain, and the marketing campaign appears to be working. When BleepingComputer first became aware of the hacks, the token had only 42 token holders with a market cap of approximately $5,000. When this story was published, the token had 436 owners, and the market cap had increased to $166,175.
57. However, the market is fluctuating wildly as people take profits in the pump and dump. It's not clear how the hackers compromised these X accounts, but it may have been through a compromised API key or third-party apps linked to the accounts.
BleepingComputer has contacted some affected accounts to learn more but has not received any replies. This is a developing story..
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