Phishing attack on MicroStrategy X account – shocking Ethereum value losses during bogus airdrop of $MSTR token – key information

• The MicroStrategy X account fell victim to a hacking phishing attack, with malicious links directing users to a fake site, acquiring altcoins worth more than $440,000.
• One person lost $420,000 by redirecting altcoins to the MicroStrategy attacker’s account, and two other transfers went to the PinkDrainer hacking group.
• Experts noted the obvious nature of the scam, pointing out that a Bitcoin-focused company like MicroStrategy would not have launched an Ethereum-based token.
• The scam underscores the need for caution and user education on cryptocurrency security; losses have already totaled more than $440,000.

MicroStrategy’s X account hacked and Ethereum tokens fake

Analytics firm MicroStrategy experienced a shocking phishing attack when unknown hackers took over the official X account, posting malicious links to a fake dump of the official Ethereum-based MSTR token. The attack consisted of redirecting users to a fake MicroStrategy website, where they were encouraged to link their wallet and receive the fake $MSTR dump. Unfortunately, by accepting Web3 wallet permissions, users became victims, losing valuable tokens.

Powerful losses and investigation by specialists

According to blockchain analyst ZachXBT and anti-fraud platform Scam Sniffer, fraud-related losses have already exceeded $440,000. In one case, a user lost more than $420,000 minutes after a malicious link was published, redirecting him to a fake MicroStrategy site. The transactions transferred altcoins worth $424,786, some of which went to hackers from the PinkDrainer group. Experts noted the obvious nature of the scam, pointing out the improbability that a Bitcoin-focused company like MicroStrategy would launch a token on Ethereum.

The cryptocurrency community was quick to respond to the attack, criticizing the hackers for their obvious misunderstanding of MicroStrategy’s actions. Pseudonymous investor Cobie pointed out the inconsistency with the company’s existing profile, highlighting that publishing the token on Ethereum would be unlikely. Nonetheless, the losses in token values underscore the need for increased awareness and caution among cryptocurrency users.

Summary

A phishing attack on MicroStrategy’s X account has revealed the serious risks associated with Ethereum token fraud. The financial losses confirm the need for education and caution in the cryptocurrency community, especially in the face of increasingly sophisticated attacks. The voice of experts is also valuable, emphasizing that attention to security in the cryptocurrency environment is crucial.