Animoca Brands Founder Yat Siu’s X Account Exploited to Promote Fake MOCA Token

The X account of Animoca Brands co-founder Yat Siu, one of CoinDesk’s Most Influential 2024, was compromised and used to promote a fictitious token, the company said in a post on the social media platform.

Animoca, a metaverse and gaming venture capital firm, posted a warning on its own account at 01:36 UTC on Thursday saying Siu’s account had been compromised and the company was not introducing an official token or non-fungible token (NFT).

The exploit was probably perpetrated through a phishing email that purported to come from X…