CandleFocus Terminal of Truths Developer Moves All His Goat Tokens After X Account Hack Nets $600,000
2024-10-30
Author: Content Editor
The developer of a crypto bot, Andy Ayrey, had his account hacked resulting in a $602,500 pump-and-dump scam involving a new token called Infinite Backrooms (IB). The hackers used the compromised account to promote the token, causing its market capitalization to surge to $25 million before liquidating some of the tokens, causing its value to plummet. Ayrey's account, as well as the project's wallets, were moved to a secure location during the attack. The Terminal of Truths chatbot, developed by Ayrey, gained attention after receiving a Bitcoin donation from Marc Andreessen and started promoting the Goatseus Maximus token.
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