Litecoin X account hacked to promote fake Solana LTC token

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The Litecoin X account was hacked to promote a fake Solana-based token with the same LTC token. Hackers are using targeted phishing emails masquerading as X Team affiliations to steal user credentials.

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Litecoin's official X account appeared to be compromised earlier today, according to multiple reports from members of the crypto community. The hacker used a fraudulent Solana-based token to promote the same LTC token sharing as the legitimate digital asset.

Did @litecoin just pull the rug all out????? pic.twitter.com/YNlE4TszOl

— Alpha Bets 👑 (@Alpha69Bets) January 11, 2025

The unauthorized post, which included Solana's contract address for the fake Litecoin token, briefly boosted the scam token's market capitalization to $27,000 before dropping to $3,400 on the DX screen. The tweet has since been removed.

“Be careful [about] Any tweets from this account until the team confirms they have been fully returned to the account,” one user warned.

In a recent statement, Litecoin confirmed that its account was hacked and investigations are still ongoing. The team reported that a proxy account targeted by the hacker had been found and removed.

The Litecoin X account was briefly compromised today and unauthorized posts were published. These would last only a few seconds before being erased. We are still investigating the issue, but immediately found a compromised and removed account…

— Litecoin (@litecoin) January 11, 2025

The incident follows a pattern of social media accounts targeting high-profile crypto projects and individuals. In December, similar attacks hit the Cardano Foundation's X account, which was used to spread false information and promote a Solana-related token, according to an SEC filing that it did not have similar attacks.

Blockchain investigator ZackXBT reports that between late November and late December, a single threat actor amassed nearly $500,000 in a meme coin scam launched by more than 15 X accounts, including Kick, Cursor, Alex Blania, The Arena, and Brett.

The investigator also identified hackers sending phishing emails, such as X Group Communications, claiming copyright infringement, tricking users into visiting fraudulent websites with two-factor authentication and trying to reset their passwords.

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