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EigenLayer’s X Account Hijacked To Promote Fraudulent Airdrop

October 19, 2024
in Crypto/Coins
Reading Time: 3 mins read
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Within the early hours of Friday, the official X (previously Twitter) account of EigenLayer, a outstanding restaking protocol, was compromised and used to advertise a fraudulent airdrop, in accordance with a affirmation from its developer, Eigen Labs.

The hackers exploited the account to share deceptive posts a couple of faux reallocation of EIGEN tokens for Season 2 of EigenLayer’s airdrop. This malicious marketing campaign tried to lure customers into partaking with suspicious hyperlinks and submitting claims below pretenses.

The Aftermath And The Particulars

Following the hack, Eigen Labs instantly alerted customers concerning the breach, urging them to keep away from interacting with the posts and the fraudulent hyperlinks.

The developer emphasised the significance of verifying any communication and guaranteeing that customers had been partaking with the reputable EigenLayer area, “eigenlayer.xyz.”

The @eigenlayer deal with has been compromised. Please don’t have interaction with any suspicious hyperlinks and actively double examine and confirm you’re partaking with ‘https://t.co/tg4hzOLtP5‘.

An replace might be supplied as soon as secured.

— Eigen Labs (@eigen_labs) October 18, 2024

The faux airdrop posts on EigenLayer’s X account adopted a selected sample, starting with a message selling a false EIGEN token reallocation for Season 2 stakeholders.

This preliminary submit contained a malicious hyperlink to trick customers into taking part within the fraudulent scheme. Shortly after, the hackers posted one other message urging customers to make a declare and at last shared a 3rd “remaining name” submit to amplify the urgency.

These posts intently mimicked the reputable announcement for EigenLayer’s precise Season 2 stakedrop, launched in September, and whose declare interval had already concluded.

The Bust

Rip-off Sniffer, a crypto anti-scam platform, shortly recognized the faux promotion, which confirmed that the posts included dangerous hyperlinks.

🚨 EigenLayer’s X account was compromised and posted phishing tweets. pic.twitter.com/lInHpMIEIM

— Rip-off Sniffer | Web3 Anti-Rip-off (@realScamSniffer) October 18, 2024

The platform warned customers of the chance and suggested them to keep away from partaking with the posts. In the meantime, the blockchain investigator, ZachXBT, has already raised an early warning on his Telegram channel.

ZachXBT knowledgeable his subscribers that EigenLayer’s X account had been compromised. He cautioned towards clicking any hyperlinks shared from the account in the course of the breach.

Source: ZachXBT Telgram Channel
Supply: ZachXBT Telgram Channel

Notably, the rip-off incident involving EigenLayer is just not a brand new tactic. Hackers have ceaselessly used this methodology to lure traders into scams.

Just lately, the FBI arrested the perpetrator behind the January hack of the US SEC’s X account, which led to a false submit claiming the US SEC had accredited the itemizing of spot Bitcoin exchange-traded funds—a transfer the SEC had not formally introduced.

EigenLayer (EIGEN) price chart on TradingView
EIGEN worth is transferring upwards on the 2-hour chart. Supply: EIGEN/USDT on TradingView.com

Featured picture created with DALL-E, Chart from TrafingView



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Tags: AccountAirdropEigenlayersFraudulentHijackedPromote
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