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Threat actor steals half a million via 15 compromised X accounts: ZachXBT

Author: Content Editor
A threat actor has stolen approximately $500,000 through a series of meme coin scams by compromising more than 15 X accounts. The attacker sent targeted phishing emails impersonating the X team to steal user credentials. The scheme involved sending fake copyright infringement notices to deceive users into visiting phishing sites and resetting their 2FA and passwords. The attacker concealed the funding source by moving assets between the Solana and Ethereum networks. Blockchain sleuth ZachXBT advised users to avoid reusing email addresses and recommended using security keys for 2FA. Hacking social media accounts has become a common strategy for cybercriminals promoting fake cryptocurrency projects. Recent hacks include the official X account of the Cardano Foundation and rapper Drake's official X account.

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