Pump. joy X Account Hacked to Promote Fraudulent PUMP Solana Meme Coin

a common Solana coin pump launchpad. Early on Wednesday, Fun’s X ( previously Twitter ) account was compromised, and it was used to promote a number of fake tokens, including a purported official token for the platform.

The first article erroneously promoted the “official management” token of Pump. Fun by using a Solana deal target for a false PUMP token alongside an image from the platform’s most recent mobile application launch video. &nbsp,

The key breached a$ 5 million market cover before falling quickly, despite initial reports that the account was compromised and the coin was heavily bundled, which meant that offer was concentrated among cluster of related wallets. &nbsp,

” Pump. entertaining account has been compromised, delight don’t interact”, the product’s co-founder Alon Cohen posted on X.

As of this writing, Cohen confirmed to that the Pump. Fun group has not yet regained command over the account, but it is working with others to restore it. In the meantime, the thief continues to push obvious scam currencies to the account’s followers.

Cohen added that he suspected the matter was “within X” and that all security best practices were followed for the profile.

ZachXBT, a pseudonymous on-chain investigator, backs that statement in his Telegram route, which immediately connects the Pump. Fun account takeover combined with similar hacks of Jupiter DAO and Dogwifhat ( WIF ) tokens.

” Importantly, for these problems, it is likely not the problem of either the Pump. joy or Jupiter DAO groups”, ZachXBT wrote. I believe a menace actor is using X to social engineer employees who have forged documents or emails or are attempting to exploit a panel.

Stories of a true Pump. In recent days, jokes popped up, but Cohen fast refrained from doing so. &nbsp,

New image coin launches on Pump. Fun have decreased since the LIBRA gift controversy earlier this month, while broader demand for image coins has decreased as a result of a marketplace downturn. More than 8 million tokens have been used on the app since its debut at the beginning of last year, even at this rate.