Hackers Hack Nasdaq Account to Promote Memcoin

Date: 2025-01-24 Author: Oliver Abernathy Categories: BUSINESS
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On January 22, the Dexscreener platform recorded that hackers had gained access to the official account of the Nasdaq stock exchange. On the same day, they launched a memcoin called STONKS, which copied the real memcoin on the Solana blockchain, giving their project the appearance of authenticity.

To enhance the effect, the scammers created a fake account on the social network X, calling it a “Nasdaq branch”. After that, having hacked the official account of the exchange, they posted a retweet advertising their fake crypto asset. This post remained online for some time until it was deleted. In addition, the fake account itself was soon blocked.

Despite the prompt deletion of the messages, the hackers managed to attract a significant amount of funds - about $ 80 million. This money was withdrawn before the fraudsters' actions were stopped.

This incident became another example of social media being used for crypto fraud. Earlier, Chainlink representative Zach Raines warned users about another scheme related to a fake XRP wallet of the US Treasury, information about which was also distributed through the X network.

Such cases highlight the importance of increased attention to account security and caution when interacting with crypto assets on social media.
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