Algorand Foundation CEO’s X Account Compromised As Spree of Crypto Social Media Hacks Continue

The X social media account of the Algorand Foundation’s chief govt has been hacked, marking the third main exploit of crypto-related X accounts this month.

In a brand new thread, the agency behind sensible contract platform Algorand (ALGO) has introduced that the X account of Staci Warden, the corporate’s CEO, has been hacked and warns in opposition to interacting with it.

“[Staci Warden’s] account has been compromised. Please do not click on any links on her account or respond to DMs (direct messages). We are in the process of recovering it.”

Some of the hacker’s messages embody a reposted hyperlink to a recording titled “puppets ruined Bitcoin” and one which falsely claims Warden has been fired from Algorand and misplaced her associates.

The hacking of Warden’s account marks the third time in January that dangerous actors went after the social media accounts of crypto executives or regulators.

On January ninth, an exploiter gained entry to the X account of the U.S. Securities and Alternate Fee (SEC), falsely claiming on the time that the regulatory company had accepted spot market Bitcoin (BTC) exchange-traded funds.

Moreover, on January 18th, a hacker took over the X account of provide chain-focused blockchain VeChain (VET) to advertise a pretend giveaway, asking merchants to ship between 100,000 and 5,000,000 VET to an “official contribution address.”

Information of the hack didn’t seem to have an effect on the value of ALGO because the digital asset is buying and selling for $0.167 at time of writing, a 4.2% acquire over the past 24 hours.

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