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Hacker Hacks Litecoin Account to Promote Fake Token

Hacker Hacks Litecoin Account to Promote Fake Token

HappyCoinNewsHappyCoinNews2025/01/13 10:11
By:HappyCoinNews

January 11 hacker hacked cryptocurrency development team account Litecoin (LTC) to advertise a fake token.

The attacker gained unauthorized access to the project employees' account Litecoin on the social network X, which is banned in Russia, and published a false message that the creators of the coin had released LTC digital assets on the network Solana (SOL). The criminal's message included a link to token , created using the pump.fun service, so it immediately became obvious that the developers Litecoin have nothing to do with it.

An account was briefly compromised today. Litecoin on the social network X and published unauthorized posts. They lasted for a few seconds before being deleted. We are still investigating, but we have already managed to find out which account was compromised, and we have deleted it, - representatives wrote Litecoin .

Short-term account hack did not affect the cryptocurrency rate Litecoin , which over the past 24 hours has risen in price by 0,33%. Considering the fact that the ad was quickly removed, it can be assumed that the hacker failed to profit from the LTC cyberattack. If the attacker had been able to pull off a pump and dump scheme, his profit would have reached hundreds of thousands of dollars.

Last year, hackers' haul of digital assets was up by 15% compared to 2023 and amounted to $3,01 billion. It is worth noting that this amount includes the income of criminals obtained as a result of both the theft of cryptocurrencies and fraud.

Hacker Hacks Litecoin Account to Promote Fake Token image 0

Change in the number of crimes and income of hackers who attacked members of the crypto community

EN @happycoinnews
EN @happycoinnews_en
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Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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