Hacking Yat Siu X account may be part of recent hacks: ZachXBT

Blockchain game conglomerate Animoca Brands co-founder and chairman Yat Siu has confirmed that X has been hacked to promote a fake token, which appears to be the latest in a series of attacks on crypto X accounts.

“Unfortunately [Siu’s] Social media account hacked,” Animoka posted to X on December 26. “The token on Solana was created by the hacker as mentioned in a post.

In the now-deleted post, Siu's account shared a link to a token launched by Solana's memecoin startup Pump.fun called Animoca Brands (MOCA) — similar to the company and its associated MoCover Irreversible Token (NFT) set.

Blockchain researcher ZachXBT, who netted $500,000 in the past month after similar hacks and fake token posts, wrote on X that Siu “could collapse.”

ZachXBT claimed that the fake MOCA token was “deployed at the same address” as similar fake tokens shared on other recently hacked crypto-centric X accounts.

Shortly after the fake MOCA token was shared on Siu's account, it reached a peak value of more than $36,700, but essentially lost all of its value seconds later, falling to a market value of $7,700, Birdeye said.

The price of the token is now set at around $6,200 and how little trading is left.

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ZachXBT explained that an attacker previously took control of at least 15 X accounts through social engineering – impersonating the X group to send fake copyright infringement notices.

The notices create a sense of urgency and trick victims into visiting a phishing site to reveal their X account passwords and two-factor authentication (2FA) logins, information sent to the attacker.

The first known incident, on November 26, involved the X account of the Bitcoin infrastructure provider RuneMine, and the latest – before the alleged attack on CU – was against the Kik account of the crypto commercial video streaming site on December 24.

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