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Cryptocurrency News Articles

Litecoin Briefly Hacked, Scammers Attempt to Promote Fake Token on Solana

Jan 12, 2025 at 04:00 pm

Litecoin Briefly Hacked, Scammers Attempt to Promote Fake Token on Solana

Litecoin (LTC) officials have announced that the cryptocurrency’s official social media account was briefly hacked on January 11. The scammer attempted to promote a fake Litecoin token on the Solana (SOL) network.

The fraudulent post stated, “LTC is now in Solana,” and included a contract address and a link to a scam platform called pump.fun. The post, which contained grammatical errors, was quickly deleted after the Litecoin team regained access to the account.

According to Litecoin officials, the breach occurred through a compromised delegated account, which has been deactivated to prevent further incidents.

“Litecoin’s X account was briefly compromised today and posts that were not authorized were published,” Litecoin officials stated in a follow-up tweet. “These were live only for a matter of seconds before being deleted. We’re still investigating the issue, but immediately found a delegated account that was compromised and removed its delegation.”

The Litecoin team has fully restored control of the account and thanked users for their support.

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Other articles published on Mar 07, 2025