The hackers breached Shaw’s X account, founder of AI Agent Token AI16Z, and promoted the scam Eliza token.
Several sources reported Sunday’s exploit, and the show himself confirmed it much later. He revealed The bad actor inexplicably accessed his X account and promoted ticker Eliza and Solana-based tokens.
According to Dex Screenertokens surged considerably after launch, with a high of $0.01162. However, the fraud token has surrendered more than 13% to its current price of $0.01008.
Tokens unrelated to the show
Modern Market Show Contributor S4MMY First Confirmed Suspicious activities on Shaw’s X account. He advised against account interactions and investing in fraudulent token Eliza.
Furthermore, the official AI16Z account has proven the hack, claiming that the AI agent project has not launched a new token. The protocol is also I warned Users who encourage abstinence from X accounts and fall for tricks.
A few hours later, the show verification That he collected the account. He branded hacks “well-designed, targeted” attacks, as he has several levels of protection, including two-factor authentication (2FA), password managers, and strong passwords.
I don’t know what WTF happened in the hack
2FA, password manager, strong passwords, etc.
It was clearly designed and targeted
Sorry to those who lost their funds
This space is very tired
– Shaw (Wartime Ark) (@shawmakesmagic) February 16, 2025
Meanwhile, Shaw apologized to users who lost their funds to Ragpur.
In particular, the description of the show’s hack failed to persuade the faction of the crypto community. Nevertheless, these claims are purely speculative and remain unconfirmed.
The reason for the bias followed a recent disclosure from popular rapper Kanye West. For context, the artist revealed that by promoting fake Solana tokens, he fakes the hack and offers him $2 million to fraud the community.
AI16Z drops 15% in the mixing reaction
The AI Agent Token experienced a fierce sale amid uncertainty surrounding the show’s X-hack, raising its 15% or more to a low of $0.355. However, it rebounded to just $0.3702 on press.
Additionally, the tokens have been revised on a massive scale in the past month after the strong market was launched at the end of last year. Monday’s consolidation has increased monthly depletion to more than 64%, 85% off the current record high of $2.509.
Nevertheless, this is one of the recent X compromises that includes notable accounts. The decentralized Exchange Aggregator Jupiter account has recently been hacked and used to promote fraud tokens with ticker Meow.
Previously, accounts belonging to soccer players Kylian Mbappefood chain McDonald’sand Self -Layerx Within the growing trends of social media hacking, we face similar light-like trends to lag users.
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