The well-known memecoin maker , Pump.fun , revealed that its X account was hacked to promote a fake cryptocurrency scam and the token “ PUMP .”
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Pump.fun is a platform in the Solana ecosystem, specializing in cryptocurrencies, where users can create and trade memecoins. Since its launch in January 2024, it has evolved into a quick and simple means for users to launch their own Solana. However, it has come into the spotlight due to its potential for use in pump-and-sink schemes.
Recently, the X account for Pump.fun (@pumpdotfun) was hacked for the purpose of promoting a fake governance token called “PUMP”.
“Introducing $PUMP the OFFICIAL pump.fun GOVERNANCE token, where Democracy has never been this degen. We will also be REWARDING our OG DEGENS,” the post said.
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Immediately after this event, the perpetrators of the threat promoted another token called “GPT-4.5”, promising to delete the Pump.fun X account if the token reaches a purchase threshold of $100 million.
Pumpfun announced that a breach has been detected, and is advising through its Telegram to avoid any interaction with the account.
“Our account X has been hacked. Do not interact with it. We are investigating,” a Pump.fun staff member wrote on Telegram.
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Cross-border scams, such as the one affecting Pump.fun account X, pose a serious threat to privacy, as they often involve attempts to steal or misuse sensitive information through malicious emails or websites. To protect yourself from these threats, it is important to:
- Confirm authenticity: Do not respond to emails that request personal information, especially if you are not sure of the sender's identity.
- Use strong passwords: Create combinations that include letters, numbers, and symbols and change them regularly.
- Invest in reliable security software: Ensure the protection of your devices with software that blocks malware and alerts you to potential threats.
- Educate yourself and those around you: Learn to recognize common scams and inform friends and family about the need for constant vigilance.
Source: bleepingcomputer
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