Blockchain gaming conglomerate Animoca Brands has confirmed its co-founder and chair Yat Siu was hacked to promote a fake token on X, in what appears to be the latest in a string of attacks on crypto X accounts.
“Unfortunately [Siu’s] social media account has been compromised,” Animoca posted to X on Dec. 26. “The token launch on Solana as claimed in a post was made by the hacker.”
In a now-deleted post, Siu’s account shared a link to a token launched on Solana memecoin launcher Pump.fun called Animoca Brands (MOCA) — named the same as the firm and its affiliated Mocaverse non-fungible token (NFT) collection.
Blockchain investigator ZachXBT wrote on X that Siu “likely fell” victim to a phishing email from a threat actor behind a string of similar hacks and fake token posts that have net $500,000 in the past month.
ZachXBT said the fake MOCA token…
Read Full Article at: Cointelegraph.com News
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