Scammed 500,000 pounds through meme coin! Block Chain Detective: Hackers invaded 15 popular encryption accounts

On-chain detective ZachXBT exposed a hacker impersonating X official on December 24th, issuing false infringement notices to hack into multiple victim accounts, and then using the victim accounts to promote meme coin scams, successfully swindling nearly 500,000 USD in the past month.

Fake X official sends notice, user deceived password stolen

ZachXBT said that hackers pretended to be X officials from November 26th to December 24th, sending out 'copyright infringement notices' to lure victims into phishing websites, further obtaining victims' X account passwords, two-factor authentication (2FA), and other information, ultimately taking control of the accounts.

A survey shows that currently, the accounts of 15 victims are all related to cryptocurrencies, including the well-known live broadcast platform Kick, the SocialFi platform The Arena, and other popular accounts with over 200,000 followers. Hackers use these accounts to post phishing posts promoting fake meme coins, further attracting interested users, and defrauding victims of nearly $500,000 in just one month.

Image Source: 'Chain News'

Hackers employ various tactics, and funds are laundered across chains

ZachXBT pointed out that hackers mainly used 6 addresses to carry out fraud, and then transferred the stolen funds between Solana and Ethereum chains, trying to cover up the illegal source of funds and increase the difficulty of tracing.

Image source: "Chain News" The 6 deployment addresses mainly used by hackers

Many popular accounts, such as the cross-chain protocol Neutron, have been recognized as being impersonated and used for fraud.

Image Source: 'Chain News'. Neutron has publicly acknowledged being impersonated for fraudulent activities.

Cryptocurrency scams are rampant, with $2.2 billion already stolen this year

According to foreign media, the fishing scams related to cryptocurrencies have caused losses of over $20.2 million in October this year. The losses in November have decreased by 53% compared to October, amounting to $9.3 million. However, with the holiday season approaching, fraudulent activities seem to be on the rise again.

According to Chain News' previous report, there have been 303 major hacking incidents up to 2024, with losses as high as 22 billion US dollars, a 21% increase from last year. Among them, North Korean hackers alone stole more than 1.3 billion US dollars, twice the amount stolen in 2023, and accounted for 61% of the total amount stolen by hackers globally in 2024. Users still need to strengthen their crisis awareness and think twice before clicking on links of unknown origin.

This article is authorized for reprint from: "Chain News"

'Relying on meme coin to scam and make 500,000 euros! Blockchain detective: Hackers invade 15 popular crypto accounts' This article was first published in 'Crypto City'