Hackers Target X Accounts of Crypto Firms to Promote Scam Tokens

Several account hijackings on X over the weekend have raised alarm in the crypto community.

The incidents involved the official accounts of Litecoin, Foresight Ventures, and Holoworld AI being compromised to promote fraudulent cryptocurrencies and phishing links, exposing users to potential scams.

The Incidents

On January 11, Litecoin confirmed that bad actors had accessed its official X account, saying:

“Litecoin’s X account was briefly compromised today and posts that were not authorized were published.”

The attackers shared content promoting fake Litecoin tokens linked to the Solana blockchain. One reportedly read, “LTC is now in Solana.” It also included a contract address and a link to a scam token on…

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