Algorand Foundation CEO X's social media account has been hacked, marking the third major exploitation of cryptocurrency-related X accounts this month.
In new stringThe company behind the smart contract platform Algorand (ALGO) announced that the X account of Staci Warden, the company's CEO, had been hacked and warned against interacting with it.
“[Staci Warden’s] The account has been hacked. Please do not click on any links in her account or respond to her direct messages (DMs). “We are in the process of restoring it.”
Some of the hacker's messages include a reposted link to a recording titled “Puppets Destroyed Bitcoin” and a fake link. Claims The Warden was expelled from Algorand and lost its subsidiaries.
The Warden account hack marks the third time in January that bad actors have gone after the social media accounts of cryptocurrency executives or regulators.
On January 9, an exploiter gained access to the SEC's X account, falsely claiming at the time that the regulator had approved exchange-traded funds for bitcoin (BTC) in the spot market.
Furthermore, on January 18, a hacker took over supply chain-focused VeChain (VET) account
News of the hack does not appear to have had an impact on ALGO's price as the digital asset is trading for $0.167 at the time of writing, representing a 4.2% gain over the past 24 hours.
Never miss an opportunity – sign up to get email alerts delivered directly to your inbox
Check price action
Follow us TwitterAnd Facebook and Telegram
Browse Hodl's daily mix
 
Disclaimer: The opinions expressed in The Daily Hodl are not investment advice. Investors should conduct due diligence before making any high-risk investments in Bitcoin, cryptocurrency or digital assets. Please note that your transfers and trades are at your own risk, and any losses you may incur are your responsibility. The Daily Hodl does not recommend the purchase or sale of any cryptocurrencies or digital assets, nor is The Daily Hodl an investment advisor. Please note that The Daily Hodl participates in affiliate marketing.
Generated image: mid-flight
