Algorand CEO's X account compromised, hacker posts satirical tweets
The Algorand Foundation said it is working to restore control over the account, though it appears the hacker still has access.
Share this article
A hacker recently compromised the Twitter account of Algorand Foundation CEO Staci Warden, using the platform to post inflammatory and satirical messages about the blockchain project. The Algorand Foundation alerted followers that an unnamed actor had taken over Warden’s account.
‼️ @StaciW_DC’s account has been compromised.
Please do not click on any links on her account or respond to DMs.
We are in the process of recovering it.
— Algorand Foundation 🐍 (@AlgoFoundation) January 26, 2024
After gaining access, the hacker posted tweets from Warden’s account, deriding the Algorand community using offensive language. Another tweet urged investors to sell their Algorand tokens in favor of rival blockchain Ethereum.
The intruder also made a satirical scenario in which Tron founder Justin Sun takes control of Algorand to “boost Algorand to new heights.” The satirical tweets suggested Sun would back Algorand’s coin with the TrueUSD (TUSD) stablecoin, claiming this would usher in “a new era of digital commerce.” The hacker jokingly implied Sun’s projects might cause the “next major financial collapse in crypto.”
X users responded lightheartedly to the bogus partnership announcement, saying Algorand should hire the hacker or let them retain access to Warden’s account. ZachXBT, a pseudonymous on-chain sleuth, commented that the hacker would “make a better CEO for Algorand” than Warden.
The hacker had also changed Warden’s account bio, falsely stating she had embezzled Algorand funds and now offers services as a “semi-professional pole dancer.”
The Algorand Foundation said it is working to restore proper access to Warden’s account. However, the hacker appears to still have access to the account, with a post from 2:33 AM (EST) earlier today claiming that Warden will be “giving away 1 $ETH for every % ALGO drops this week.”
Data from CoinGecko shows that Algorand remains seemingly unaffected, with ALGO trading at $0.162, down by 0.1% over the past 24 hours.
Share this article
