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Hacking Group Compromised X Accounts to Promote Tokens, Generated Over $14 Million in Proceeds

GateNews
Security IncidentsEnforcement Actions
SOL-2.32%
BNB-1.93%
ETH-2.97%
TRX0.71%

According to blockchain researcher Specter’s disclosure reported by Bits.media, a hacking group compromised X accounts—including those of investor Keith Gill, Pepe the Frog creator Matt Furie, and WinRAR—to promote their own tokens and conduct cross-chain money laundering, generating over $14 million in total proceeds. The group’s activities involved Solana, BNB Chain, Ethereum, Tron, and Hyperliquid networks. Specter also found links connecting the group to a 2024 phishing attack that caused victims to lose $2.45 million in wstETH.

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