A crypto venture capital firm, Polychain Capital, confirmed on January 4 that the X (Twitter) account of its founder and CEO, Olaf Carlson-Wee, was compromised, with the hacker posting phishing links disguised as a website to claim an airdrop.
Polychain issued a warning, advising users to steer clear of any communications from Carlson-Wee’s account until additional updates are provided.
At 8:20 pm UTC on January 4, Carlson-Wee’s hacker started promoting a counterfeit “$PCHAIN” token airdrop in a post on X, urging his followers to follow a link to join.
“Click on the link below to sign up,” the statement continued, directing users to a web address claiming to be associated with Polychain.
Cybercriminals frequently share harmful links to deceive individuals into authorizing fraudulent transactions that empty their cryptocurrency wallets.
The hacker has continued to follow up with additional posts. Approximately 41,000 X users had seen the original post at the time of writing.