Ex Malaysian PM’s Account Hacked to Promote Fake Meme Coin
Anonymous hacker took over former Malaysian Prime Minister Mahathir Mohamad’s X account to promote fake meme coins. Hackers are using the hype of Donald Trump’s meme coins to make the wide carpet pull.
This event is one of several meme coins scam Use political veneers. The former Brazilian president was attacked in a similar attack last month, but the hackers may be affiliated with the infamous Russian evil company.
Malaysia: Latest fake meme coins
Social media scams are growing In encrypted spaces, it’s hard to tell how to prevent them. In a particularly shocking example, the hacker Used Malaysia’s former Prime Minister, shilling a meme coin.
Mahathir Mohamad, the country’s longest-serving prime minister, has begun to recognize Malaysia on his social media account:
“Malaysia’s official cryptocurrency is now available SolanaThis marks an important milestone in demonstrating the existence of our people and our country in the digital economy. The fraudulent social media post said it was an honor for us to showcase the power of Malaysia on the global crypto network.
The post was deleted within an hour, but the damage has been caused. analyze It means these hackers may be Related to the infamous evil company,them Stolen $1.7 million from this carpet.
According to Geckotreminal, the market value of the token jumped to $1.7 million in just 15 minutes after the fake tweet and quickly went bankrupt. Hackers are able to clear this amount in less than an hour.
Malaysia scams are just part of the rising trend of fake political meme coins. since Scammers stole $857 million with Trump tokensthis is the season of openness.
one Former Brazilian president hacked Innate false symbol, another Claiming to represent the U.S. Treasury Department. Vitalik Buterin, founder of Ethereum Formal alarm About this trend.
However, these scams are not limited to political topics. Crypto Detective Zachxbt claims Coinbase user Loss of at least $150 million Scammers and scam sniffers Reports Telegram-based phishing attacks increased by 2000% Since November.
Ultimately, it looks like none of these scams will go anywhere soon. Analysts speculate The rise of meme coins has ruined the Altcoin season By redirecting capital investments and community interests to the department.
If the meme coins have so much power, the fake token will continue to be received Speculative investment.
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