{"id":2998,"date":"2024-02-26T04:13:22","date_gmt":"2024-02-26T04:13:22","guid":{"rendered":"https:\/\/www.cryptometer.io\/news\/?p=2998"},"modified":"2024-02-26T06:51:16","modified_gmt":"2024-02-26T06:51:16","slug":"microstrategys-x-social-media-account-hacked","status":"publish","type":"post","link":"https:\/\/www.cryptometer.io\/news\/microstrategys-x-social-media-account-hacked\/","title":{"rendered":"MicroStrategy&#8217;s X Social Media Account Hacked"},"content":{"rendered":"\n<p>MicroStrategy, a leading name in business intelligence, recently became the target of a sophisticated phishing scam. Hackers breached its X social media account, tricking users into participating in a bogus airdrop of an Ethereum-based MSTR token. This security lapse led to significant financial losses for unsuspecting victims lured by the promise of free tokens.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"h-how-the-scam-unfolded\">How the Scam Unfolded<\/h2>\n\n\n\n<p>The attackers managed to post malicious links on MicroStrategy&#8217;s compromised X account. These links promised an &#8220;official&#8221; airdrop of the MSTR token, designed to deceive users. Individuals who clicked on these links found themselves on a fake MicroStrategy website, where they were prompted to connect their wallets to receive the fraudulent $MSTR tokens. Unfortunately, granting permissions in their Web3 wallets allowed the attackers to siphon off the tokens from the victims&#8217; wallets directly.<\/p>\n\n\n<div class=\"wp-block-image\">\n<div><a href=\"https:\/\/www.cryptometer.io\/news\/wp-content\/uploads\/2024\/02\/Screenshot-2024-02-26-at-04.09.04.png\" class=\"td-modal-image\"><figure data-wp-context=\"{&quot;imageId&quot;:&quot;69f2453321a64&quot;}\" data-wp-interactive=\"core\/image\" data-wp-key=\"69f2453321a64\" class=\"aligncenter size-full wp-lightbox-container\"><img decoding=\"async\" width=\"504\" height=\"270\" data-wp-class--hide=\"state.isContentHidden\" data-wp-class--show=\"state.isContentVisible\" data-wp-init=\"callbacks.setButtonStyles\" data-wp-on--click=\"actions.showLightbox\" data-wp-on--load=\"callbacks.setButtonStyles\" data-wp-on-window--resize=\"callbacks.setButtonStyles\" src=\"https:\/\/www.cryptometer.io\/news\/wp-content\/uploads\/2024\/02\/Screenshot-2024-02-26-at-04.09.04.png\" alt=\"\" class=\"wp-image-3000\" srcset=\"https:\/\/www.cryptometer.io\/news\/wp-content\/uploads\/2024\/02\/Screenshot-2024-02-26-at-04.09.04.png 504w, https:\/\/www.cryptometer.io\/news\/wp-content\/uploads\/2024\/02\/Screenshot-2024-02-26-at-04.09.04-300x161.png 300w, https:\/\/www.cryptometer.io\/news\/wp-content\/uploads\/2024\/02\/Screenshot-2024-02-26-at-04.09.04-150x80.png 150w\" sizes=\"(max-width: 504px) 100vw, 504px\" \/><button\n\t\t\tclass=\"lightbox-trigger\"\n\t\t\ttype=\"button\"\n\t\t\taria-haspopup=\"dialog\"\n\t\t\taria-label=\"Enlarge\"\n\t\t\tdata-wp-init=\"callbacks.initTriggerButton\"\n\t\t\tdata-wp-on--click=\"actions.showLightbox\"\n\t\t\tdata-wp-style--right=\"state.imageButtonRight\"\n\t\t\tdata-wp-style--top=\"state.imageButtonTop\"\n\t\t>\n\t\t\t<svg xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"12\" height=\"12\" fill=\"none\" viewBox=\"0 0 12 12\">\n\t\t\t\t<path fill=\"#fff\" d=\"M2 0a2 2 0 0 0-2 2v2h1.5V2a.5.5 0 0 1 .5-.5h2V0H2Zm2 10.5H2a.5.5 0 0 1-.5-.5V8H0v2a2 2 0 0 0 2 2h2v-1.5ZM8 12v-1.5h2a.5.5 0 0 0 .5-.5V8H12v2a2 2 0 0 1-2 2H8Zm2-12a2 2 0 0 1 2 2v2h-1.5V2a.5.5 0 0 0-.5-.5H8V0h2Z\" \/>\n\t\t\t<\/svg>\n\t\t<\/button><\/figure><\/a><\/div>\n<\/div>\n\n\n<h2 class=\"wp-block-heading\" id=\"h-the-financial-toll-of-the-scam\">The Financial Toll of the Scam<\/h2>\n\n\n\n<p>According to investigations by ZachXBT, an independent blockchain investigator, and Scam Sniffer, a platform dedicated to combating online fraud, the scam extracted over $440,000 from its victims. One particular case involved a user losing more than $420,000 in various cryptocurrencies within minutes of the scam&#8217;s initiation. This loss included substantial amounts in wBAI, CHEX, and wPOKT, which were transferred to wallets controlled by the attackers and an entity known as PinkDrainer.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"h-skepticism-and-irony\">Skepticism and Irony<\/h2>\n\n\n\n<p>The crypto community quickly pointed out the suspicious nature of the scam, especially considering MicroStrategy&#8217;s well-known preference for Bitcoin over other cryptocurrencies. The fact that the scam involved an Ethereum-based token raised immediate red flags. British crypto investor Cobie remarked on the irony of MicroStrategy supposedly launching a token on a network other than Bitcoin&#8217;s.<\/p>\n\n\n\n<p>This incident underscores the persistent threat of phishing scams in the cryptocurrency sector. It serves as a stark reminder for users to remain vigilant and double-check the legitimacy of any crypto-related offers online. As the industry continues to bolster security measures, maintaining user awareness and caution is paramount to safeguard against such deceptive tactics.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>MicroStrategy, a leading name in business intelligence, recently became the target of a sophisticated phishing scam. Hackers breached its X social media account, tricking users into participating in a bogus airdrop of an Ethereum-based MSTR token. This security lapse led to significant financial losses for unsuspecting victims lured by the promise of free tokens. How [&hellip;]<\/p>\n","protected":false},"author":13,"featured_media":2407,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[258,2,43],"tags":[],"class_list":{"0":"post-2998","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-ethereum","8":"category-featured","9":"category-general-news"},"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v26.2 (Yoast SEO v27.2) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>MicroStrategy&#039;s X Social Media Account Hacked<\/title>\n<meta name=\"description\" content=\"MicroStrategy, a leading name in business intelligence, recently became the target of a sophisticated phishing scam. Hackers breached its X social media\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.cryptometer.io\/news\/microstrategys-x-social-media-account-hacked\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"MicroStrategy&#039;s X Social Media Account Hacked\" \/>\n<meta property=\"og:description\" content=\"MicroStrategy, a leading name in business intelligence, recently became the target of a sophisticated phishing scam. Hackers breached its X social media\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.cryptometer.io\/news\/microstrategys-x-social-media-account-hacked\/\" \/>\n<meta property=\"og:site_name\" content=\"CryptoMeter.io\" \/>\n<meta property=\"article:published_time\" content=\"2024-02-26T04:13:22+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2024-02-26T06:51:16+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.cryptometer.io\/news\/wp-content\/uploads\/2023\/09\/MicroStrategy.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1200\" \/>\n\t<meta property=\"og:image:height\" content=\"630\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Anish Khalifa\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@CryptoMeterIO\" \/>\n<meta name=\"twitter:site\" content=\"@CryptoMeterIO\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Anish Khalifa\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"NewsArticle\",\"@id\":\"https:\/\/www.cryptometer.io\/news\/microstrategys-x-social-media-account-hacked\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/www.cryptometer.io\/news\/microstrategys-x-social-media-account-hacked\/\"},\"author\":{\"name\":\"Anish Khalifa\",\"@id\":\"https:\/\/www.cryptometer.io\/news\/#\/schema\/person\/79113eacd105c71e5fa6019d028ca61e\"},\"headline\":\"MicroStrategy&#8217;s X Social Media Account Hacked\",\"datePublished\":\"2024-02-26T04:13:22+00:00\",\"dateModified\":\"2024-02-26T06:51:16+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/www.cryptometer.io\/news\/microstrategys-x-social-media-account-hacked\/\"},\"wordCount\":329,\"publisher\":{\"@id\":\"https:\/\/www.cryptometer.io\/news\/#organization\"},\"image\":{\"@id\":\"https:\/\/www.cryptometer.io\/news\/microstrategys-x-social-media-account-hacked\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/www.cryptometer.io\/news\/wp-content\/uploads\/2023\/09\/MicroStrategy.jpg\",\"articleSection\":[\"Ethereum\",\"Featured\",\"General News\"],\"inLanguage\":\"en-US\",\"copyrightYear\":\"2024\",\"copyrightHolder\":{\"@id\":\"https:\/\/www.cryptometer.io\/news\/#organization\"}},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.cryptometer.io\/news\/microstrategys-x-social-media-account-hacked\/\",\"url\":\"https:\/\/www.cryptometer.io\/news\/microstrategys-x-social-media-account-hacked\/\",\"name\":\"MicroStrategy's X Social Media Account Hacked\",\"isPartOf\":{\"@id\":\"https:\/\/www.cryptometer.io\/news\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/www.cryptometer.io\/news\/microstrategys-x-social-media-account-hacked\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/www.cryptometer.io\/news\/microstrategys-x-social-media-account-hacked\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/www.cryptometer.io\/news\/wp-content\/uploads\/2023\/09\/MicroStrategy.jpg\",\"datePublished\":\"2024-02-26T04:13:22+00:00\",\"dateModified\":\"2024-02-26T06:51:16+00:00\",\"description\":\"MicroStrategy, a leading name in business intelligence, recently became the target of a sophisticated phishing scam. 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