Crypto Influencers’ X Accounts Hacked to Promote Memecoins

Crypto Influencers X Accounts Hacked
Late Sunday, scammers targeted the X (formerly Twitter) account of prominent crypto influencer GCR. The compromised account posted a prediction about the price of the ORDI token, causing a brief surge in its price.

The hacker used the account to promote ORDI and Luna 2.0 tokens, leading to temporary price increases.

GCR later confirmed the hack and urged his followers to ignore any promotional posts. He speculated that someone at X.com might have been bribed to provide his login credentials, resulting in the security breach.

“Two months ago, someone affiliated with Twitter notified me that bribes were made to gain access to my account, so I beefed up security,” he wrote. “But security means nothing if X employees accept money for admin access.”

Following the hacker’s post, ORDI’s price jumped from around $40 to $44 before falling back to $40. Luna 2.0 also saw a momentary 274% increase.

GCR’s announcement of the hack drew attention from several crypto observers, who speculated on the hackers’ motives. Bitcoin developer Udi Wertheimer suggested that GCR’s account hack might be part of a broader scam targeting celebrities and crypto influencers.

“With niche celebs launching meme coins during a long weekend when platform engineers are away, I recommend being very careful,” he warned.

Popular Chinese crypto blogger Colin Wu noted that the hacker established positions on OKX and Binance six minutes in advance. Crypto analyst Miles Deutscher commented that the hacker “fumbled the bag hard.”

“He could’ve chosen any believable micro-cap to pump 10-20x, but chose to promote ORDI and LUNA2 for a mere 10% increase.”

Previously, American rapper Rich The Kid recently shared a link to purchase a new token called RICH, which was launched on the Solana memecoin creation platform pump.fun. According to DEX Screener data, the token’s market value reached $90,000 in its first two hours. However, the post was later deleted, and Rich The Kid’s management did not issue a statement confirming whether it was a hack.

Similarly, American media celebrity Caitlyn Jenner’s X account promoted a new memecoin, JENNER, also on pump.fun. The token’s market value surged to $4.7 million since its launch, leading many to suspect a hack. Jenner recently promoted the coin again, dismissing critics who advised against buying JENNER. Her post read, “They want you to stay broke.”

Also Read: JasmyCoin Surges 26% Amid Increased Whale Activity

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