The anonymous pirates took over the account X of the former Malaysian Prime Minister Mahathir Mohamad to promote a false piece of memes. The pirates take advantage of the media threw around the memes play by US President Donald Trump for wider carpet prints.
This incident is one of the many coins scams Use of a political veneer. The former president of Brazil was targeted in a similar attack last month, but these pirates are probably affiliated with the infamous Russian Evil Corp.
Malaysia: the last false money even
Social media scams increase In cryptographic space, and it is difficult to say how to prevent them. In a particularly blatant example, pirates used A former Malaysian Prime Minister for Shill a piece of meme.
Mahathir Mohamad was the oldest Prime Minister in the country, and his social media accounts began to approve Malaysia:
“The official cryptocurrency of Malaysia Malaysia is now live Solara! This marks an important step in the presentation of the strength of our people and the presence of the nation in the digital economy. It is an honor for us to demonstrate the power of Malaysia on the Global Crypto Network, “said the social media post fraudulent.
The post was removed in an hour, but the damage was caused. Analysis shows that these pirates were probably linked to the infamous Corp of Eviland that they managed to fly $ 1.7 million in this carpet traction.
According to geckotreminal data, the token market capitalization increased to $ 1.7 million in just 15 minutes after the false tweet and quickly collapsed. The pirates were able to liquidate this amount in less than an hour.
This scam in Malaysia is only a component of an upward trend of false political coins. From The crooks used the Trump token to steal $ 857 millionIt was the open season.
A The former Brazilian president was hacked For Shill a false token, and another pretended to represent the American Treasury. Founder Ethereum Vitalik Buterin officially raised the alarm About this trend.
However, these scams are not limited to political subjects. Crypto Sleuth Zachxbt said that Coinbase users lost at least $ 150 million to the crooks and the sniff scam brought in a 2000% increase in phishing attacks based on telegram Since November.
In the end, it does not seem that these scams go anywhere Anytime soon. Analysts have speculated that The rise of coins destroyed the Altcoin season By redirecting capital investment and community interest in this sector.
If the coins have so much power, the false tokens will continue to receive speculative investments.
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