{"id":362,"date":"2025-01-11T20:13:29","date_gmt":"2025-01-11T21:13:29","guid":{"rendered":"http:\/\/www.thebusinesschain.com\/?p=362"},"modified":"2025-04-13T04:07:44","modified_gmt":"2025-04-13T04:07:44","slug":"litecoin-x-account-briefly-hacked-to-promote-a-fake-token","status":"publish","type":"post","link":"http:\/\/www.thebusinesschain.com\/index.php\/2025\/01\/11\/litecoin-x-account-briefly-hacked-to-promote-a-fake-token\/","title":{"rendered":"Litecoin X account briefly hacked to promote a fake token"},"content":{"rendered":"

<\/p>\n<\/p>\n

\"Litecoin<\/p>\n

Litecoin’s (LTC<\/a>) X social media account was briefly hacked on Jan. 11 by a scammer promoting a fraudulent Litecoin token on the Solana network.  <\/p>\n

“LTC is now in Solana,” the hacker wrote in a now-deleted and grammatically incorrect post, which featured a contract address and a Pump.fun link to the scam token.<\/p>\n

In an update, the Litecoin team announced that it regained control of the account and said the hack was due to a compromised delegated account that has since been removed.<\/p>\n

There has been a string of account hacks on X in recent months, resulting in the promotion of fake tokens or phishing links designed to steal funds and sensitive data.<\/p>\n

\"Litecoin,
\n

Source: <\/em>Litecoin<\/em><\/a><\/p>\n<\/figcaption><\/figure>\n

Related: <\/strong><\/em>Hacker breaches 15 X accounts, nets $500K boosting bogus memecoins: ZachXBT<\/strong><\/em><\/a><\/p>\n

X account hacks on the rise<\/h2>\n

Restaking protocol EigenLayer’s X account was hacked<\/a> on Oct. 18 to promote a fake airdrop campaign.<\/p>\n

The hacker posted several malicious links from the account promoting the “Season 2 Stakedrop” — which the scammer claimed was sourced from reallocated EIGEN tokens — before the EigenLayer team regained control of the account.<\/p>\n

On Nov. 3, rapper Wiz Khalifa’s account was compromised<\/a>. The hacker used the account to advertise a fake celebrity memecoin called WIZ, claiming that the memecoin was associated with the musical artist.<\/p>\n

The Cardano Foundation’s X account suffered a similar breach<\/a> on Dec. 8, when a hacker took control of the social media page to promote a fake token called “ADAsol.”<\/p>\n

During the incident, the threat actor falsely claimed that the Cardano Foundation would cease supporting its native asset, ADA (ADA<\/a>), due to a lawsuit from the United States Securities and Exchange Commission (SEC).<\/p>\n

The fake token generated approximately $500,000 in trading volume before the scam was exposed and the price of “ADAsol” plummeted by over 99%.<\/p>\n

Yat Siu, co-founder of Web3 company Animoca Brands, was the victim of an X account hack<\/a> on Dec. 26.<\/p>\n

Like the other cases, the scammer used the account to advertise a fraudulent token — a fake memecoin on the Solana network called “Animoca Brands” that has no connection to the well-known Web3 company.<\/p>\n

Magazine: <\/strong><\/em>Influencers shilling memecoin scams face severe legal consequences<\/strong><\/em><\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Litecoin’s (LTC) X social media account was briefly hacked on Jan. 11 by a scammer promoting a fraudulent Litecoin token on the Solana network.   “LTC is now in Solana,” the<\/p>\n

Continue reading <\/use> <\/svg>Litecoin X account briefly hacked to promote a fake token<\/span><\/a><\/p>\n","protected":false},"author":1,"featured_media":364,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[11],"tags":[],"class_list":["post-362","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-litecoin"],"_links":{"self":[{"href":"http:\/\/www.thebusinesschain.com\/index.php\/wp-json\/wp\/v2\/posts\/362","targetHints":{"allow":["GET"]}}],"collection":[{"href":"http:\/\/www.thebusinesschain.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/www.thebusinesschain.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"http:\/\/www.thebusinesschain.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"http:\/\/www.thebusinesschain.com\/index.php\/wp-json\/wp\/v2\/comments?post=362"}],"version-history":[{"count":3,"href":"http:\/\/www.thebusinesschain.com\/index.php\/wp-json\/wp\/v2\/posts\/362\/revisions"}],"predecessor-version":[{"id":367,"href":"http:\/\/www.thebusinesschain.com\/index.php\/wp-json\/wp\/v2\/posts\/362\/revisions\/367"}],"wp:featuredmedia":[{"embeddable":true,"href":"http:\/\/www.thebusinesschain.com\/index.php\/wp-json\/wp\/v2\/media\/364"}],"wp:attachment":[{"href":"http:\/\/www.thebusinesschain.com\/index.php\/wp-json\/wp\/v2\/media?parent=362"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/www.thebusinesschain.com\/index.php\/wp-json\/wp\/v2\/categories?post=362"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/www.thebusinesschain.com\/index.php\/wp-json\/wp\/v2\/tags?post=362"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}