Key dealers
- Litecoin’s X account was hacked to promote a fake Solana-based token with the same LTC-Ticker.
- Hackers use increasingly targeted phishing -e -post messages that are disguised as X team communication to steal user information.
The official X account for Litecoin seemed to have been compromised earlier today, according to many reports from the Crypto Community members. The hacker used it to promote a fraudulent solar-based token that shared the same LTC-Ticker as the legitimate digital asset.
Did @litecoin Just carpet pull everyone ????? pic.twitter.com/ynle4tszole
– alpha bets 👑 (@alpha69bets) January 11, 2025
The unauthorized post, which included a Solana contract address for the fake Lickcoin token, briefly ran the market value to $ 27,000 before it dropped to $ 3,400, per dex cutter. The tweet was then removed.
“Be careful (if) all the tweets coming from this account until the team confirms that they have regained full access to the account,” warned a user.
In a recent statement, Litecoin confirmed that its account was hacked and investigations are still ongoing. The team reported to have found and removed a delegated account directed by the hacker.
Litecoins X account was briefly compromised today and posts that were not approved were published. These were live only for a few seconds before they were deleted. We are still investigating the question, but immediately found a delegated account that was compromised and removed …
– LITECOIN (@LITECOIN) January 11, 2025
The event follows a pattern of social media account compromising focus on high -profile crypto projects and individuals. In December, similar attacks Cardano Foundation’s X account, which was used to disseminate false information about a non-existent SEC mood and promote a fraudulent solar-related token.
Blockchain investigator ZachxBT reported that between the end of November and December, a single threat actor accumulated about $ 500,000 Through the Meme Coin fraud, it was launched via more than 15 compromised X accounts, including kick, Cursor, Alex Blania, The Arena and Brett.
The investigator also identified a regular attack vector where hackers send phishing emails disguised as X-team communication of copyright intrusions, and tried to trick users into visiting fraudulent websites to restore their two-factor authentication and password.
