ZachXBT shared the details he found about the cyber attacker who used to promote a fake memecoin by hacking accounts on social media platform X.
Accounts were compromised via phishing method
ZachXBT said the cybercriminal stole the credentials of top X accounts by sending phishing emails impersonating the X team.
The emails were sent disguised as notifications of policy and guideline violations from X, creating a sense of urgency and encouraging recipients to click on a harmful link.
“He stole approximately $500,000 by hijacking more than 15 X accounts over the past month.” -ZachXBT
According to smart contract platform Neutron, the malicious actor sent fake copyright infringement emails, directing targeted X users to reset their passwords and two-factor authentication. Once the account was compromised, the attacker would log out of all sessions, change security settings, and control posting access to share malicious links promoting scam tokens.
Recommended Safety Precautions
ZachXBT recommends taking security measures such as “limiting email address duplication across services and using security keys for important accounts whenever possible.” Cyber attacker used Solana and Ethereum to hide funding source $3,370.5 It is stated that there is a transition between .
It seems very important for users to increase their email security and enable two-factor authentication to ensure account security. In addition, it is always necessary to be cautious about posts containing offers that create excitement and seem like opportunities, even if they come from well-known accounts. It is also useful to create a special e-mail for your X account whenever possible and use your e-mail only for this purpose. It may also be useful to click on incoming e-mail links as much as possible by right-clicking on them, copying the link and pasting it into notepad, and making sure that it is the official address.
Users should be wary of phishing emails and avoid clicking suspicious links.
Disclaimer: The information contained in this article does not constitute investment advice. Investors should be aware that crypto currencies carry high volatility and therefore risk, and should carry out their transactions in line with their own research.
