The Algorand Foundation reported that its CEO Staci Warden’s X account was compromised, leading to unauthorized posts on the account. The compromised account posted offensive content, including derogatory language and false statements about the Algorand community.
CEO Staci Warden X’s (formerly Twitter) account was compromised, and the hacker posted derogatory comments about the Algorand community using a racial slur. The hacker urged the community to sell Algorand’s native token, ALGO, and buy Ether (ETH) instead.
‼️ @StaciW_DC’s account has been compromised.
Please do not click on any links on her account or respond to DMs.
We are in the process of recovering it.
— Algorand Foundation (@AlgoFoundation) January 26, 2024
Additionally, the attacker posted satirical content about a fictional agreement with Tron founder Justin Sun, claiming that it gave Sun “total control” over Algorand and allowed him to mint any token back to True USD (TUSD). The hacker wrote:
“Of course, I accepted this offer immediately. Soon, Algorand will be pegged to VERY REAL USD, and a new era of digital commerce will commence.” The hacker also used satire to allege Sun’s projects will be responsible for the next “major financial collapse in crypto.”
The Algorand Foundation urged its community not to click on any links or respond to direct messages from Staci Warden’s compromised X account. Following the compromise of Staci Warden’s X account, the hacker continued to post provocative content, including satirical stories and altered profile information. Some community members responded with amusement, while others took the opportunity to criticize Warden.
The hacker posted music on the compromised account, changed Warden’s profile bio, and alleged that the
Read more on cryptonews.com