Jupiter DEX’s X account is still compromised

Solana-based DEX Jupiter’s Twitter/X account may have been hacked, according to a warning issued through JupiterDAO’s Twitter/X account. JupiterDAO also asked traders to be careful not to click links or copy-paste any of the released CAs. The hacker reportedly released a large number of token CAs. 

Jupiter’s hacked account also announced the launch of a fake MEOW token, which was later rugged after reaching a 30M market cap, according to crypto researcher and advisor Astronomica. The researcher singled out one transaction in which the hacker made slightly over $460K in WSOL. Surprisingly, some traders who bought the ‘honey pot’ scam token were unable to sell, said one crypto wallet security activist.

Web3 strategist warns that Jupiter’s account is still compromised

According to Web3 strategist and JupiterDAO CWG member Slorg, the X account is still compromised. The Web3 strategist pointed out that the hacker was deleting tweets and posting again, while a crypto enthusiast also mentioned that the hacker hosted a five-minute Space, all to make the hacked account look legitimate. Meteora, a DeFi platform on the Solana blockchain, cautioned users not to interact with the account as Jupiter’s team worked on reclaiming their account. 

Crypto influencer Mika disclosed that the fake MEOW token posted on the hacked account shot up to 30 million market cap in seconds before it was rugged. Jack, a crypto enthusiast, also highlighted that savvy crypto trader Jalen Web3 made nearly $66K in seconds after Jupiter’s account was hacked and a CA was posted. Jalen, a full time degen, confirmed the profits on his personal Twitter/X account.

Venture capitalist Beanie revealed that traders lost millions instantly on this Jupiter hack, literally in a matter of minutes. The VC continued to say that protocols not being able to protect their social media accounts was a ‘paradox’ often seen, especially on Twitter/X.

“It’s amazing how we trust these protocols with billions of dollars in liquidity but they’re not competent enough to protect their social media.”

– Beanie

Beanie added that the bar in the crypto space was too low. ‘Any hack dev can whip up a little script and go from zero to hero in a day here,’ said the VC. 

Jupiter’s team struggles to regain control of Twitter/X account 

The Twitter crypto community responded almost immediately as crypto commentator MartyParty warned traders not to ‘touch anything’ on Jupiter’s Twitter/X account, saying that the official team was unable to get back into the account and delete misleading messages. He added that the last ‘legit post’ was posted over four hours ago, calling on X admins to help Jupiter restore their account.

Tech nerd Ninja_Dev, the founder of AI-driven Web3 security Quick Intel, said the whole incident was a ‘double-edged sword.’ The developer pointed out that the problem could be attributed to ‘trusted accounts who don’t secure their socials fully’ and ‘people who throw life-changing money the instant anyone with a big name posts a token address.’

A crypto enthusiast wondered if all Twitter passwords had become as easy as ‘$123456’, adding that “we are all screwed” if even Jupiter’s account could be hacked. Jupiter called on UK’s BRUV party’s Andrew Tate (Cobratate) to hold a joint Space and try to ‘revive the trenches.’

According to Twitter user SBJ, a reliable source reported that Frank ‘demigods’ could be behind the hack. Frank was suspected of rugging the MLG token only a few days ago. 

Mario Nawfal, founder of the IBC Group, reminded traders and X users to avoid any offers ‘for a piece of the moon’ as Jupiter’s hacked account continued to promote ‘dodgy’ tokens.

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