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Market News

Vitalik’s X Account Hacked, Attacker Executes $700k Phishing Scam

Hacker gains unauthorized access to Ethereum co-founder’s X account and promotes a phishing link.

Written By:
Gopal Solanky

Last updated: February 12, 2024 4:36 AM
Published September 11, 2023 6:15 AM
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Last updated: February 12, 2024 4:36 AM
Published September 11, 2023 6:15 AM
Vitalik’s X Account Hacker, Attacker Executes $700k Phishing Scam

The Ethereum co-founder, Vitalik Buterin’s X (Twitter) account was compromised on Sunday with the hacker successfully managing to steal approximately $700k worth of crypto and NFTs via a phishing scam. 

The attacker shared a post promoting an NFT collection mint that contained malicious code. Several users fell into the trap as they rushed to mint free NFTs while the affiliated link leading to a phishing website that drained crypto assets and NFTs from the user wallet.

Hack X Account Of Vitalik

While the stolen assets include Ether and NFTs, it is estimated that the hacker has drained a total of $691k of assets from hundreds of users, confirms the onchain sleuth ZachXBT. 

The crypto assets also include blue chip NFTs from CryptoPunk worth roughly 153 ETH. Most of the stolen NFTs have been sold by hacker.

Following the news, Binance CEO CZ warned users that twitter’s security is not designed as secure as for a finance platform. He advised not to interact with such posts even if it’s from the biggest KOLs.

Also read: Crypto Whale Lost $24M Worth stETH and rETH In Phishing Scam

Disclaimer: The information researched and reported by The Crypto Times is for informational purposes only and is not a substitute for professional financial advice. Investing in crypto assets involves significant risk due to market volatility. Always Do Your Own Research (DYOR) and consult with a qualified Financial Advisor before making any investment decisions.

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Gopal Solanky - Crypto Research Analyst at The Crypto Times
By Gopal Solanky Sr. Crypto Journalist
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Gopal Solanky is a Research Analyst and Reporter with over 5 years of experience in DeFi, blockchain, crypto, IT, and financial markets. With a Bachelor's in Computer Applications, he brings a strong technical foundation to his analysis and reporting. Gopal focuses on breaking down complex topics for both seasoned investors and curious readers. His work has been referenced by publications like Business Insider and Vulture.com, highlighting his contributions to industry stories around topics like Huwak Tuah Memecoin and the FTX collapse.

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