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Cryptocurrency News Articles

Jupiter Exchange Suffers Another Setback as Its Official X (Formerly Twitter) Account Gets Hacked

Feb 06, 2025 at 11:02 am

The Jupiter DAO announced this and warned users against doing anything that would compromise their wallets. The main @JupiterExchange account appears to be compromised.

Jupiter Exchange Suffers Another Setback as Its Official X (Formerly Twitter) Account Gets Hacked

Jupiter’s official X (formerly Twitter) account was hacked, and the protocol announced this development.

The banner on the Jupiter DAO page now reads: “The main @JupiterExchange account appears to be compromised. Do not click any links. Do not copy-paste any CAs. Be careful!”

This incident comes as several users have begun complaining about being scammed by a memecoin link posted on the X (formerly Twitter) account. However, the hacker’s activities continue unabated.

Some context: Previously, an airdrop account for the Jupiter (JUP) token on the Solana-based Jupiter exchange was compromised.

One individual managed to bypass the protections and gather 1.85 million JUP tokens, valued at around $1 million, by exploiting over 9,000 wallets.

Some speculated that insider information may have helped this person obtain a large number of tokens unfairly.

While Jupiter later reallocated 1,000+ airdrops for over 10,000 community members who had their wallets drained, this recent hack further tarnishes the exchange’s already troubled reputation.

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Other articles published on Feb 06, 2025