{"id":7237,"date":"2025-01-12T15:33:09","date_gmt":"2025-01-12T15:33:09","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=7237"},"modified":"2025-01-12T15:33:09","modified_gmt":"2025-01-12T15:33:09","slug":"litecoin-team-battles-hackers-after-fake-token-promotion-on-x","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=7237","title":{"rendered":"Litecoin Team Battles Hackers After Fake Token Promotion On X"},"content":{"rendered":"<div>\n<p>The X account of cryptocurrency <a href=\"https:\/\/www.coingecko.com\/en\/coins\/litecoin\" target=\"_blank\" rel=\"noopener nofollow\">Litecoin<\/a> briefly promoted a fake virtual token on the Solana network to its followers after a hacker temporarily gained access to the social media account.<\/p>\n<p>Fortunately, Litecoin\u2019s social media team quickly took action and successfully regained control of the account, warning its followers about the fraudulent SOL-based token.<\/p>\n<h2><strong>Hacking Incident<\/strong><\/h2>\n<p>Reports said that the social media account of Litecoin on the platform X was briefly compromised by a scammer to use it as a promotional tool for a fake digital asset.<\/p>\n<p>According to a report, an online fraudster hacked the cryptocurrency\u2019s official X account wherein the scammer promoted a fake token on the Solana network.<\/p>\n<blockquote class=\"twitter-tweet\">\n<p dir=\"ltr\" lang=\"en\">Litecoin\u2019s X account was briefly compromised today and posts that were not authorized were published. These were live only for a matter of seconds before being deleted. We\u2019re still investigating the issue, but immediately found a delegated account that was compromised and removed\u2026<\/p>\n<p>\u2014 Litecoin (@litecoin) <a href=\"https:\/\/twitter.com\/litecoin\/status\/1878155290782351756?ref_src=twsrc%5Etfw\" rel=\"nofollow noopener\" target=\"_blank\">January 11, 2025<\/a><\/p>\n<\/blockquote>\n<p>Information revealed that the hacker also provided a contract address and a pump.fun scam link aimed at duping people to the fraudulent token and getting away with other people\u2019s money.<\/p>\n<p>In a now-deleted X post, the scammer wrote grammatically incorrect content saying, \u201cLTC is now in Solana.\u201d<\/p>\n<h2><strong>Litecoin Team Back In Control<\/strong><\/h2>\n<p>The Litecoin team said that the hacker was only able to gain control of the AX account for a short time since they were able to recover the access to the social media account.<\/p>\n<p>\u201cLitecoin\u2019s X account was briefly compromised today and posts that were not authorized were published. These were live only for a matter of seconds before being deleted,\u201d the team said.<\/p>\n<p>The cryptocurrency\u2019s team announced that the matter has been resolved and LTC\u2019s official team is now again in control of the X account.<\/p>\n<blockquote class=\"twitter-tweet\">\n<p dir=\"ltr\" lang=\"en\">Foresight Ventures Twitter\/X has been hacked and is posting fake AI cryptocurrency information. Earlier, Litecoin\u2019s official Twitter account was hacked, and the hacker posted information on the account, promoting fake Litecoin tokens based on the Solana, with scam links.\u2026<\/p>\n<p>\u2014 Wu Blockchain (@WuBlockchain) <a href=\"https:\/\/twitter.com\/WuBlockchain\/status\/1878264001504886813?ref_src=twsrc%5Etfw\" rel=\"nofollow noopener\" target=\"_blank\">January 12, 2025<\/a><\/p>\n<\/blockquote>\n<blockquote><p>\n\u201cWe\u2019re still investigating the issue, but immediately found a delegated account that was compromised and removed it. We apologize for any confusion caused,\u201d Litecoin said.\n<\/p><\/blockquote>\n<p>A crypto analyst said the hacking incident was a warning that scammers are lurking in the digital currency space, saying, \u201cThere are many scammers in the crypto space who will try to take your money or crypto.\u201d<\/p>\n<p><img fetchpriority=\"high\" decoding=\"async\" class=\"size-full\" src=\"https:\/\/www.tradingview.com\/x\/aaHqWyGW\/\" width=\"1626\" height=\"883\"><br \/>\n<strong>Hacking Incidents On The Rise<\/strong><\/p>\n<p>There is an increasing number of incidents of social media accounts with cryptocurrencies and associated personalities being targeted by <a href=\"https:\/\/www.bleepingcomputer.com\/news\/security\/the-biggest-cybersecurity-and-cyberattack-stories-of-2024\/\" target=\"_blank\" rel=\"noopener nofollow\">cyber fraudsters.<\/a><\/p>\n<p>Their modus operandi is to illegally access an X account and use it to promote fake crypto projects or tokens to steal money or crypto from their victims.<\/p>\n<p>The hacking incident was not an isolated case but part of what seems to be a planned attack on high-profile X accounts to be used for their illegal activities.<\/p>\n<p>Some analysts noted that what happened to Litecoin\u2019s X account only emphasizes the need to strengthen cybersecurity measures within the crypto space to prevent the promotion of fraudulent tokens and phishing schemes.<\/p>\n<p><em>Featured image from Pexels, chart from TradingView<\/em><\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>The X account of cryptocurrency Litecoin briefly promoted a fake virtual token on the Solana network to its followers after a hacker temporarily gained access to the social media account. Fortunately, Litecoin\u2019s social media team quickly took action and successfully regained control of the account, warning its followers about the fraudulent SOL-based token. Hacking Incident [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"iawp_total_views":0,"footnotes":""},"categories":[2],"tags":[3,4,5],"class_list":["post-7237","post","type-post","status-publish","format-standard","hentry","category-news","tag-crypto","tag-doge","tag-news"],"_links":{"self":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/7237","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=7237"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/7237\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=7237"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=7237"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=7237"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}