On-chain detective ZachXBT revealed on Twitter on December 24 that a hacker pretended to be a Twitter official, issued false infringement notices to hack into multiple victim accounts, and then used the victim accounts to promote meme currency scams. In the past Successfully defrauded nearly $500,000 per month.
Fake Twitter officials send notices, users are deceived and their passwords are stolen
ZachXBT said that for nearly a month from 11/26 to 12/24, hackers pretended to be Twitter officials and sent "copyright infringement notices" to induce victims to enter the phishing website, and further obtained the victim's Twitter account password, Information such as two-factor authentication (2FA) ultimately seizes control of the account.
The investigation shows that there are currently 15 victims whose accounts are related to cryptocurrency, including the well-known live broadcast platform Kick, SocialFi platform The Arena, and other popular accounts with more than 200,000 followers. Hackers used these accounts to post phishing posts promoting fake meme coins, further attracting interested users, and defrauded victims of nearly $500,000 in just one month.
Hacking techniques are changeable and funds are bleached across chains
ZachXBT pointed out that hackers mainly used 6 addresses to commit fraud, and then transferred stolen funds between Solana and Ethereum chains in an attempt to conceal the source of illegal funds and increase the difficulty of tracing.
6 deployment addresses mainly used by hackers.
Many popular accounts that have been impersonated, such as the cross-chain protocol Neutron, have admitted that they have been impersonated and used to commit fraud.
Neutron has admitted that it was used to defraud the company. Crypto scams are rampant, with $2.2 billion stolen this year
According to foreign media, losses from cryptocurrency-related phishing scams exceeded $20.2 million in October this year, while losses slowed down in November, falling by 53% to $9.3 million compared to October. But with the year-end holiday season approaching, there seems to be an increase in scam activity.
According to previous reports by Lian News, there have been 303 major hacking attacks so far in 2024, with losses as high as US$2.2 billion, an increase of 21% over last year. Among them, North Korean hackers alone stole more than US$1.3 billion, setting the pace for 2023. 2 times the amount and accounting for 61% of the total global hacker theft in 2024. Users still need to be more aware of the dangers and think twice before clicking on unknown links.
This article Chain Detective ZachXBT: Hacked 15 Popular Crypto Twitter Accounts, Earned 500,000 Mg from Meme Coin Scam originally appeared on Chain News ABMedia.
