Animoca Brands has confirmed that co-founder and executive chairman Yat Siu's X account has been hacked. The company stated that the attacker is using the account to spread false information about non-existent tokens and contracts, which could mislead users.
Unfortunately @ysiu's social media account has been compromised. There is no official token or NFT launch from Animoca Brands. The token launch on Solana as claimed in a post was made by the hacker. Please DO NOT engage with the account and stay vigilant.
We will provide an…
— Animoca Brands (@animocabrands) December 26, 2024
Animoca Brands emphasizes that the company has not launched any official tokens or NFTs. This warning is crucial to preventing public confusion or potential financial losses. Users are advised to exercise caution and verify any information related to Animoca Brands or its subsidiaries through official channels to ensure its accuracy and authenticity.
The company reminds users not to engage in any suspicious contracts or tokens, as these may be part of the hacking incident. This event highlights the importance of maintaining the security of personal and professional online accounts in the rapidly evolving Web3 space.
For more details, please refer to the official statement from Animoca Brands. Users are encouraged to stay informed through reliable sources and report any sensitive information in a timely manner to avoid further complications.
"Animoca Brands confirms that co-founder Yat Siu's X account has been hacked and reminds users not to engage in suspicious activities" this article was first published on (Block Business).