$ETH $SOL

Investigator ZachXBT

has uncovered a theft of over $500,000, targeting meme coin investors on the Solana blockchain via coordinated phishing attacks. Over 15 accounts on the X platform were compromised since November 26, with the attacker using Team X impersonation techniques to send phishing messages purporting to address copyright infringements. Victims were tricked into visiting fraudulent websites, allowing the scammer to take control of the accounts and deploy fake smart contracts to promote the scam coins. The attacker used money transfers between the Solana and Ethereum networks to cover his tracks.

Source: investing.com