The Solana-based dex aggregator Jupiter has recovered his X account after being abducted by Cryptocurrency Scams, who promoted a fraudulent meme coin.
According to 1 February 6X post, reassured Users who were never at risk. He confirmed that all customers and Treasury property are safe in multicing wallets. The attack was limited to Jupiter’s X account, in which no other communication channel was affected.
Hack transfers during late hours of February 5, in which several community members played an alarm about suspicious activity. In a newly removed post, Jupiter mobile’s X account quickly warned users not to click on any link or buy tokens promoted by the main account compromised.
Scammers used an opportunity to promote a meme coin theme around Jupiter’s Cat Mascott with Tikar Meo, which allegedly reached a market cap of $ 30 million within seconds before selling his holdings. Gaya, quickly erased all the benefits. All campaigners posts have now been removed.
Bean, founder named Crypto Venture Capital firm GM Capital, founder, Criticized Ironically to rely on protocols with Arabs in liquidity while they fail to secure their social media accounts, it is called a recurring contradiction in the industry.
“Traders immediately lost millions on this Jupiter account hack. Literally within a few minutes, “he guessed.
The community was not very happy about the entire situation, calling Jupiter not to achieve its account properly. Some people were also disappointed that, even though Jupiter was assured that the money was safe, the damage from the scam could not be recovered.
Others praised transparency about the team’s quick response and violations, a user stated that the incident strengthened its trust in the Jupiter team.
The scammers did Jupiter a solid! 🔥
Team handled it fast, with barely any damage, and sent alerts on all of their products.
This hack deepened my trust in $JUP and Jupiter Team. $JUP IS THE GOAT! pic.twitter.com/pmMd723WVz
— Day Li 💸 (@DayliCryptomeme) February 6, 2025
The phenomenon may have added to some sales pressure on the original tokens of the forum, which fell more than 5% during the latter.
Crypto Scammers has long exploited major blockchain projects, celebrities and X accounts of public data to push fraudulent tokens and fishing schemes.
Last month, breaking bad star Dean Noris became the latest victim after using his X account, used to promote a Sham token based on his personality. The scammers managed to increase the market cap of the token to $ 8.4 million at their peak before unloading their pre-obtained holdings.
A few days ago, the official account of Cuba’s Foreign Ministry was closed due to a similar incident.
