Failed Solana Token Scheme? Hacker Targets 2.6 Million Indian Cricket Fans With X Scam
2024年9月12日 - 6:30PM
NEWSBTC
On Tuesday, Indian cricket fans were targeted by scammers with a
Solana-based token. The attackers attempted to profit from sports
fans after hacking Delhi Capitals’ X account. However, the scheme
failed to gain much traction despite its peculiar efforts to
publicize the memecoin. Related Reading: Altcoins About To Take
Over? Analyst Suggests Time To Accumulate Will End Soon Crypto
Hackers’ New Promotional Method Delhi Capitals, a team from the
Indian Premier League (IPL), recently suffered a social media
security breach. Hackers took control of the cricket team’s X
account on Tuesday, targeting their 2.6 million followers. The
attackers promoted a Solana-based token in a series of now-deleted
posts, hoping to pump the price with their peculiar tactics.
Typically, hackers try to take advantage of public figures or
institutions with large followings by posing as them. Most of the
time, attackers promote Solana-based memecoins related to the
hacked personality. Scammers pretend these public figures have
entered the crypto space, sometimes advertising fake collaborations
with institutions within the industry. These methods usually
deceive thousands of unsuspected users who invest money in these
scams. In this case, Delhi Capital hackers took a different
approach. The scammers named their Solana memecoin “HACKER” and
publicly declared they had unauthorized access to the account. One
of the posts stated, “Yes, this is a hacked account!” and claimed
that they would “make profits” from it. The hackers revealed they
use this method to boost their scams, repeatedly asking users to
search for the ticker on X so they could see their “strength”: We
will make profits, WE hack accounts on each account the token
address will be posted and the token will pump. Search $HACKER to
see our strength!. A quick search on X revealed that this wasn’t
the attackers’ first rodeo. The ticker shows that the hackers
previously attempted to scam crypto investors and sports fans with
this method. Per the report, Korean Esports team T1 and two
crypto-related apps recently suffered similar security breaches.
The respective posts displayed the exact message as Delhi Capitals
but had a different Solana contract address. Solana Memecoin Fails
To Make Big Numbers Solana memecoin scams have collected millions
of dollars from users before. As reported by NewsBTC, several
celebrities and companies have fallen victim to these schemes.
Recently, hackers promoted a fake Solana token on McDonald’s
official Instagram account. The memecoin, themed after the
character Grimace, surged over 400% to a market capitalization of
$25 million in less than an hour. This resulted in approximately
$700,000 in ill-gotten profits for the scammer. Other rug pull
scams have targeted the fan bases of personalities like Real Madrid
player Kylian Mbappé, and former professional wrestler Hulk Hogan.
The latter resulted in a $17 million scam. Nonetheless, the Delhi
Capitals hackers failed to profit from the cricket team’s 2.6
million followers. The HACKER token didn’t surpass a market
capitalization of $40,000 on the day of its creation and failed to
reach half of that as the scam was taking place. Related Reading:
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And Token Crash It’s worth noting that, during these types of
scams, some investors consciously trade these fake tokens to profit
from the hype before the scheme ends. This time, most of the
token’s transactions appear to have been done by the hackers in
preparation for their heist. After the cricket team regained
control of the X account and deleted all the HACKER-related posts,
the token’s trading activity plummeted to zero. As of this writing,
the Solana memecoin has a market cap of $4,300. Featured Image from
Unsplash.com, Chart from TradingView.com
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