news 
DOGE Co-Head Vivek Ramaswamy’s Account Hacked, Scammers Promote $USUAL
Vivek Ramaswamy, co-head of the U.S. government’s DOGE efficiency department, appears to have had his Twitter account hacked. The hacker spread false information about a partnership with the stablecoin project USUAL, causing the price of $USUAL to surge.
Jack Fishback, CEO of Azoria and Founder of Incubate Debate, confirmed the scam in a post on X: “I just spoke with Vivek. He has been hacked. He is locked out of his account.” I just spoke with Vivek. He has been hacked. He is locked out of his account. This is a scam.
Following the fraudulent promotion of $USUAL, its price rose by 31.08% to $1.52, and its market cap increased by 32.73% to $683.2 million. However, its 24-hour trading volume decreased by 7.76% to $1.6 billion.
Social media account hacks to promote cryptocurrencies are becoming a common tactic for pump-and-dump schemes. Recently, the Cardano Foundation’s official X account was hacked, with attackers spreading fake news of an SEC lawsuit against Cardano (ADA) while promoting a fraudulent token.
Source: www.cryptonewsz.com
