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12/26/2024 12:09:21 PM (GMT+1)

The account of Animoca Brands co-founder Yat Siu was hacked to promote a fake MOCA token on the Solana platform. The token's price dropped by more than 80 percent just a minute after the post 💻

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The account of Animoca Brands co-founder Yat Siu was hacked to promote a fake MOCA token. The hackers used his X account to post a link to the token issued on the Solana platform. This incident is part of a series of attacks in which hackers used phishing to obtain users' passwords and two-factor authentication. After the token MOCA was posted, its price sharply rose to $36,000 but soon dropped to $6,200, and the trading volume virtually disappeared.


This material was prepared by Khachatur Davtyan, developed and translated by artificial intelligence.



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