Litecoin X Hack: A Wake-up Call for Crypto Traders
Litecoin’s official X account was hacked today. The compromised account was used to promote a fraudulent “Solana-based” token disguised as Litecoin.
What Happened During the Litecoin X Hack?
The unauthorized post included a Solana contract address for the counterfeit Litecoin token shares the same LTC ticker as Litecoin.
According to DEXscreener data, this ruse briefly drove the fake token’s market cap to $27,000 before it nosedived under $3,400.
Afterward, a swift removal of the malicious tweet helped limit potential losses, but not before causing a stir among Litecoin’s 1.1 million followers.
This tactic is part of a recent…