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Threat Actor Steals Half a Million Dollars Via 15 Compromised X Accounts: ZachXBT
A threat actor has stolen approximately $500,000 over the past month through a series of meme coin scams launched via more than 15 compromised X accounts. According to blockchain sleuth ZachXBT, the hacked accounts included Kick, Cursor, Alex Blania, The Arena, Brett, and others.
The attacker gained access by sending targeted phishing emails disguised as X team communications, which were then used to steal user credentials. A fake copyright infringement notice was sent to create a sense of urgency, deceiving users into visiting phishing sites where they reset their two-factor authentication (2FA) and passwords. All account takeovers were connected through a single deployer address used for each scam.
To conceal the funding source, the attacker attempted to move assets between the Solana and Ethereum networks. ZachXBT strongly advises users against reusing email addresses across services and recommends using security keys for 2FA on important accounts.
This incident highlights the growing trend of hacking social media accounts in the crypto industry. The malicious actor targeted well-known figures and brands, aiming to lend credibility to their deceptive schemes.
Source: cryptobriefing.com
