X hacking spree fuels “$HACKED” crypto token pump-and-dump

September 18, 2024 at 03:12PM Numerous high-profile X accounts were hacked to promote the $HACKED Solana token, leading to a successful pump-and-dump scheme. Accounts with large followings, including MoneyControl and People Magazine, were compromised to post about the token. The cyberattack significantly boosted the token’s market value, but the situation is evolving, and the method … Read more