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Cardano Foundation X account hacked, scam links posted, then removed
The Cardano Foundation's X account was hacked on December 8, promoting a fake "ADAsol" token and a false SEC lawsuit, resulting in $500,000 in trading volume before the token crashed by 99%. Founder Charles Hoskinson confirmed the breach, and the fraudulent posts have since been removed. The Foundation is securing the account, with no impact on the broader ecosystem, but users are advised to avoid links. X account hacks are increasingly common, with victims including Compound Finance, Symbiotic, Eigenlayer, Truth Terminal AI, and rapper Wiz Khalifa, who all suffered phishing or scam campaigns targeting unsuspecting users. 4 replies
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