Akun X Mantan PM Malaysia Mahathir Diretas untuk Promosi Koin Meme
Ex-Malaysian PM Mahathir’s X Account Hacked to Shill Meme Coins https://cryptonews.com/news/ex-malaysian-pm-mahathirs-x-account-hacked-to-shill-meme-coins/

Former Malaysian Prime Minister Mahathir Mohamad's X account was hacked to promote a fraudulent meme coin called MALAYSIA on the Solana blockchain. The scam led to a rapid market cap surge of $3.4 million before collapsing to $153,000.

The attack mirrors previous incidents, including one involving Brazil's former president, and some believe these scams are linked to the Russian cybercrime syndicate Evil Corp. The MALAYSIA token was promoted by Mahathir's X account, which was taken down within an hour, but not before causing significant damage.

Data from GeckoTerminal indicates that the token's market cap skyrocketed to $1.7 million within 15 minutes of the tweet before plummeting. The hackers behind this scam were able to steal over $1.7 million from unsuspecting investors before liquidating their holdings.

This hack is part of a wider trend of social media exploits, with high-profile accounts being targeted for fraudulent crypto promotions. Other major entities, such as TV actors and DEX aggregators, have also been exploited for similar scams.

To avoid falling victim to these scams, it's essential to be cautious when interacting with social media accounts, especially those of high-profile individuals. Be wary of unsolicited investment opportunities and never invest more than you can afford to lose.

Here are some tips to help you stay safe:

1. Verify the source: Before investing in any cryptocurrency, make sure to verify the source of the information. Check if the account is legitimate and if the information is coming from a trusted source.
2. Be cautious of unsolicited messages: If you receive an unsolicited message or investment opportunity, be cautious and do not invest without doing your own research.
3. Use two-factor authentication: Enable two-factor authentication on your social media accounts and cryptocurrency exchanges to add an extra layer of security.
4. Educate yourself: Take the time to learn about the risks of cryptocurrency scams and guidance on this.