The official Nasdaq X account is suspected to have been hacked to promote counterfeit Meme coins

2025-01-23 12:08:27

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ChainCatcher news, according to The Block, the official X account of Nasdaq was hacked to promote a fraudulent Meme coin. The hacker associated a fake X account as an affiliate account of Nasdaq and used the official Nasdaq account to retweet its posts, promoting a Meme coin named STONKS that was created on the same day. The post has been deleted, and the fake X account has been suspended.

This Meme coin appears to be an imitator of the existing Meme coin of the same name on Solana, which holds the intellectual property rights to the meme. According to data from DEXscreener, the market cap of the fake Meme coin STONKSD soared to $80 million but soon crashed. This incident follows the pattern of well-known X accounts being hacked to promote scam tokens, with previous incidents involving celebrities and institutions.

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Nasdaq Meme coins STONKS hacking

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