Nexo

Start Earning Up to 16% Interest Automatically

Learn More
Home » Ecosystem » Algorand CEO’s X account compromised, hacker posts satirical tweets

Algorand CEO's X account compromised, hacker posts satirical tweets

by

The Algorand Foundation said it is working to restore control over the account, though it appears the hacker still has access.

Algorand CEO's X account compromised, hacker posts satirical tweets

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.

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

The information on or accessed through this website is obtained from independent sources we believe to be accurate and reliable, but Decentral Media, Inc. makes no representation or warranty as to the timeliness, completeness, or accuracy of any information on or accessed through this website. Decentral Media, Inc. is not an investment advisor. We do not give personalized investment advice or other financial advice. The information on this website is subject to change without notice. Some or all of the information on this website may become outdated, or it may be or become incomplete or inaccurate. We may, but are not obligated to, update any outdated, incomplete, or inaccurate information.

Crypto Briefing may augment articles with AI-generated content created by Crypto Briefing’s own proprietary AI platform. We use AI as a tool to deliver fast, valuable and actionable information without losing the insight - and oversight - of experienced crypto natives. All AI augmented content is carefully reviewed, including for factural accuracy, by our editors and writers, and always draws from multiple primary and secondary sources when available to create our stories and articles.

You should never make an investment decision on an ICO, IEO, or other investment based on the information on this website, and you should never interpret or otherwise rely on any of the information on this website as investment advice. We strongly recommend that you consult a licensed investment advisor or other qualified financial professional if you are seeking investment advice on an ICO, IEO, or other investment. We do not accept compensation in any form for analyzing or reporting on any ICO, IEO, cryptocurrency, currency, tokenized sales, securities, or commodities.

See full terms and conditions.