Animoca Brands CEO’s X account hacked – Is a scam token or NFT launch in the works?

Yat Siu, the CEO and co-founder of the Hong Kong-based software and venture capital firm Animoca Brands, has had his X account compromised.

Hackers are now using his account to market questionable tokens and contracts under the pretense of an Animoca Brands coin release.

Animoca Brands asks users to remain vigilant and not to interact with Siu’s account

On December 26th, Animoca Brands disclosed via their official X account that their co-founder and CEO Yat Siu’s X account had been hacked. They warned users to stay alert, clarifying that the company had not formally issued any crypto tokens or NFTs.

The firm added that information concerning the release of Solana-based tokens was also hacker-initiated.

The company emphasized:

Please DO NOT engage with the account and stay vigilant. We will provide an update when the account is restored.

~Animoca Brands

Yat Siu’s account adds to the long list of X accounts hacked to push scam tokens

On December 24,  the live-streaming platform Kick’s official X account was also compromised. The account was used to promote fraudulent Solana-based tokens.

Hackers even pushed the “Kick Token” to users, directing them to malicious wallet links. However, co-founder Bijan Tehrani, dismissed any plans to launch the Kick Token, warning users not to trust any of the scam posts on the token.

On December 20, hackers also breached the X account of Vivek Ramaswamy, co-lead of the newly established Department of Government Efficiency (DOGE). They used his account to propagate false claims of a partnership between the agency and the stablecoin project, under the guise of fostering financial inclusion and fiscal responsibility.

Celebrity and rapper Drake’s account also fell victim to a breach, with hackers using his account to market scam token $ANITA. Attackers tied his Anita Max Wynn Tour to the fraudulent token and the crypto betting platform token Stake, hoping to entice unsuspecting users. Crypto investigator, ZachXBT called attention to the hack and debunked any connections of Drake to Stake or the $ANITA token.

Moreover, former Binance CEO Changpeng Zhao even took to X to caution his followers against scam accounts trying to impersonate him. He stressed that his official X handle is @cz_binance, warning that any other accounts starting with ‘cz,’ even those with a blue verification checkmark, are fake. 

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