Hackers Hijack Delhi Capitals’ X Account to Promote Scam Solana Token

The Delhi Capitals, a prominent cricket franchise in the Indian Premier League, recently experienced a security breach on their X account. Hackers took control of the account to promote a fraudulent Solana-based token with the ticker HACKER to the team’s 2.6 million followers.

In the now-deleted posts, the hackers claimed responsibility for the breach and announced their intent to profit by targeting other X accounts. They aimed to inflate the price of the HACKER token, which had been created just a day earlier, according to DEX screener data.

“We hack accounts on each account the token address will be posted and the token will pump,” the attackers wrote.

This strategy is often used in such attacks, where fraudsters exploit the follower base of high-profile X accounts to promote new crypto tokens. They artificially pump the token’s price and then sell off their pre-acquired holdings, leaving unsuspecting investors at a loss.

The scammers continued to post about the scam token’s contract address, urging followers to “search $HACKER to see our strength.” Shortly after, the Delhi Capitals management regained control of their account.

Searching X for “$HACKER” revealed posts from other hacked accounts, including the South Korean esports team T1. These posts featured similar messages but with different contract addresses.

Despite the attackers’ efforts, the HACKER token failed to gain traction. At the time of writing, it had a market cap of just $4,300 and only 46 transactions, most of which were executed by the creators themselves shortly after the token’s launch.

These incidents highlight a growing trend where scammers target high-profile X accounts to promote deceitful crypto tokens. This raises concerns about the platform’s security measures, which have yet to be addressed by the social media giant.

On Sep. 4, the X accounts of Lara and Tiffany Trump were hijacked to mislead the public into buying a fake token themed around former President Donald Trump’s new decentralized finance project, World Liberty Financial. Just days earlier, French soccer star Kylian Mbappé was also targeted in a similar breach, with attackers executing a pump-and-dump scheme using the MBAPPE token.

Tips to Stay Safe:

  • Always verify the authenticity of cryptocurrency projects before investing.
  • Be cautious of sudden promotions from high-profile social media accounts.
  • Enable two-factor authentication on all your social media accounts.
  • Report any suspicious activity to the platform’s support team immediately.

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