$USUAL

Co-leader of the US government’s D.O.G.E. X account, hacked to promote a stablecoin

D.O.G.EUSDUSUAL

Vivek Ramaswamy, co-leader of the US government’s D.O.G.E. X account, hacked to promote a stablecoin

Vivek Ramaswamy, co-leader of the US government's D.O.G.E. X account, hacked to promote a stablecoin

Contents

1. Fake announcement taken down, USUAL experiences price surge

2. December mauled with fake Social media crypto promotions

3. Celebrity Accounts Targeted for Scams.

Vivek Ramaswamy’s X account was hacked, spreading false claims of a DOGE-USUAL partnership, causing USUAL’s price to spike by 38%.

Social media hacks in December continue, including Anthropic and Drake’s X accounts, to promote fake tokens.

Celebrities and public figures are increasingly targeted in crypto scams, exploiting trust to manipulate markets and deceive investors.

Vivek Ramaswamy’s X account, the co-leader of the US government’s Department of Government Efficiency (D.O.G.E.), was reportedly hacked. The breach led to the dissemination of false information about a purported partnership between D.O.G.E. and stablecoin project USUAL, resulting in a temporary surge in the price of the token.

Through his official account on X (formerly Twitter), Ramaswamy allegedly announced a strategic collaboration between D.O.G.E and USUAL, an issuer of fiat-backed real world asset (RWA) stablecoins.

According to the fraudulent post, the partnership aimed to leverage crypto initiatives to support the Donald Trump administration’s goal of reducing the federal fiscal deficit. It further claimed that the collaboration would enhance governmental transaction efficiency and promote fiscal responsibility.

Fake announcement taken down, USUAL experiences price surge

The announcement quickly drew attention and caused the price of $USUAL to spike by 31.08% to $1.61. Its market capitalization also surged