Yat Siu X account breach likely part of a string of recent hacks: ZachXBT

[_act_]

Many X accounts are usually hacked. People really to pay attention to using 2FA with X. Not sim authentication but 2 factor authentication using either the app authenticator or the hardware key. Hackers are using X account hack to scam frequently but people are not paying attention to how to secure their X account.

The account was used to promote a fake MOCA token

The faked MOCA token hit a peak value of just over $36,700 shortly after being shared on Siu’s account but essentially lost all its value seconds later, falling to a market cap of around $7,700, according to Birdeye.

The token’s value is now sitting at around $6,200 and what little trading volume there was has evaporated.

[BABY SHOES]

There have been many cases several times where famous X accounts were hacked and it was a lot of losses for his followers, if I'm wrong, once Mbappe's X account was hacked and promoted fake tokens after that rugpull because the hacker had taken advantage.

So stay alert to the security of your X account, especially further verification because it is impossible for a popular person to promote unclear shitcoins.

I've seen many X accounts that have blue ticks hacked.

[hugeblack]

Years ago and several times, dozens of Twitter accounts were hacked, so it seems that the system associated with securing accounts is bad, so do not trust any link on Twitter except after in-depth research. It is best to wait 3-5 hours before submitting data to any link. If a friend asks you to transfer cryptocurrencies, ask him to sign a message or to send you using another application.

[logfiles]

People who get scammed in this fashion do not deserve to be in crypto. How on earth does a certain account tweet about a certain token, and then you immediately just rush to buy without verifying. How gullible can some people be?

Years ago and several times, dozens of Twitter accounts were hacked, so it seems that the system associated with securing accounts is bad, so do not trust any link on Twitter except after in-depth research. It is best to wait 3-5 hours before submitting data to any link. If a friend asks you to transfer cryptocurrencies, ask him to sign a message or to send you using another application.

I remember that day, it was about 4 and 1/2 years ago when most of the popular and verified accounts with huge followings were targeted including Elon Musk, Apple, Bill Gates and Obama's accounts, and they were all used to advertise some stupid coin multiplier scam.

[Davidvictorson]

There have been many cases several times where famous X accounts were hacked and it was a lot of losses for his followers, if I'm wrong, once Mbappe's X account was hacked and promoted fake tokens after that rugpull because the hacker had taken advantage.

The hacks are increasing and it tells that something is broken. People with smaller accounts are not the target just to large accounts with a lot of followers. Because of the increasing amount of airdrops people are desperate and therefore they'll hack to manipulate the price only to fool people. And those people who fill click on links to fill in their details are going to be their next target.

[BABY SHOES]

There have been many cases several times where famous X accounts were hacked and it was a lot of losses for his followers, if I'm wrong, once Mbappe's X account was hacked and promoted fake tokens after that rugpull because the hacker had taken advantage.

The hacks are increasing and it tells that something is broken. People with smaller accounts are not the target just to large accounts with a lot of followers. Because of the increasing amount of airdrops people are desperate and therefore they'll hack to manipulate the price only to fool people. And those people who fill click on links to fill in their details are going to be their next target.

Small accounts may not produce anything for hackers, so they are targeting large accounts that already have many followers ... usually hackers target followers in the hundreds of thousands and millions.
Right... this is because the number of airdrops is increasing... as well as some influncers often share shitcoins and this is the target of hackers.

[albon]

Yat Siu has already recovered his account the day after it was hacked on X [here]. He wrote this [thread] on his account with recommendations and to explain what happened and how to protect anyone’s account on X. He pointed out that the lesson learned is that 2FA alone is not enough to protect accounts and that updating passwords regularly is part of good security measures.

Yat fell victim to suspicious links, and the hacker exploited a vulnerability in the 2FA system. In any case, the person who fell for this scam made a mistake due to rushing and trusting what influencers post without doing any research or thinking critically, as such incidents have been repeated in the past with several other tokens that hackers promoted after hacking influencers accounts, which quickly rug pulled and left investors with huge losses.

[FinneysTrueVision]

Twitter must have some serious security holes if these incidents keep happening over and over and over again, even with 2FA protected accounts. There have been so many celebrity accounts who have launched their own tokens, although most are scams, that it is understandable why some people would believe that Animoca was really launching one also. If they do create a token, I am sure they will announce their plans ahead of time and won’t just drop it by surprise. This is what speculators should watch out for when they are in doubt about the authenticity of a new token.