On-chain detective ZachXBT: Hackers invade 15 popular encryption Twitter accounts and make 500,000 M with meme coins fraudulently.

On-chain detective ZachXBT revealed on Twitter on 12/24 that a hacker impersonated Twitter officials and sent false copyright infringement notices to hack into the accounts of multiple victims, and then used the victims' accounts to promote meme coin scams, successfully defrauding nearly $500,000 in the past month.

Fake Twitter official notification, user deceived password stolen

ZachXBT said that hackers impersonated Twitter officials and sent out 'copyright infringement notices' from 11/26 to 12/24, luring victims to phishing websites to obtain their Twitter account passwords, two-factor authentication (2FA), and other information, ultimately taking control of their accounts.

A survey shows that currently 15 victims' accounts are related to cryptocurrency, including the well-known live streaming 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 scamming victims of nearly $500,000 in just one month.

Hackers use a variety of techniques, and funds are laundered across chains

ZachXBT pointed out that hackers mainly use 6 addresses to commit fraud, and then transfer the stolen funds between Solana and Ethereum chains, trying to conceal the illegal source of funds and increase the difficulty of tracking.

The 6 deployment addresses that hackers primarily exploit.

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

Neutron has acknowledged being impersonated for fraud. Cryptocurrency fraud is rampant, with $2.2 billion already stolen this year.

According to foreign media, the losses related to cryptocurrency phishing scams in October this year have exceeded 20.2 million US dollars, while the losses in November have decreased by 53% compared to October, to 9.3 million US dollars. However, with the approach of the year-end holidays, fraudulent activities seem to have increased again.

According to Chain News, there have been 303 major hacking incidents so far in 2024, with losses of up to 2.2 billion US dollars, a 21% increase from last year. Among them, North Korean hackers alone stole more than 1.3 billion US dollars, which is twice the amount stolen in 2023, accounting for 61% of the total global hacker theft in 2024. Users still need to enhance their crisis awareness and think twice before clicking on unfamiliar links.

This article on-chain detective ZachXBT: Hackers invade 15 popular cryptocurrency Twitter accounts, making 500,000 magnesia through meme coin scams, first appeared in Chain News ABMedia.