Over $440,000 In Crypto Stolen
The official X account of software intelligence company MicroStrategy fell victim to an apparent hack on Monday morning.
Attackers accessed the profile to share phishing links that security experts estimate drained over $440,000 in cryptocurrency from deceived users.
- Fake X posts promoted a giveaway of a non-existent ‘MSTR token’.
- Included website for users to connect wallets and claim tokens.
- On-chain analysts track at least $424K stolen across 3 tokens.
According to crypto personality Spreek, unauthorized messages appeared on MicroStrategy’s 196,000+ X account urging users to visit an “microstralegy” website. Visitors could supposedly claim a new token airdrop by linking their wallets for tokens.
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ZachXBT confirms atleast $440,000 stolen
On-chain sleuth Scam Sniffer cited losses so far estimated at around $440,000. According to the details, a user lost $424,786 worth of wBAI, wPOKT, and CHEX to the scam.
By roughly 10 a.m. Hong Kong time, the MicroStrategy team had regained control of the X account. The scam tweet was also removed from the X account at press time. MicroStrategy has yet to comment on the temporary account takeover or financial damages inflicted by fraudsters.
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High-profile crypto companies and executives represent prime targets for hacking schemes, given their audiences and perceived endorsement weight. Breached accounts grant scammers access to coordinate sophisticated phishing campaigns and harvest user funds.
