a16z's official account is hacked! Are retail investors being cut 15% again? This time even institutions have been slapped in the face!
June 19, 2025 Latest News
Today the crypto world has exploded again! The official X account of top institution a16z has been hacked, and the hacker directly used it as a "fake coin billboard." Retail investors rushed in to buy the dip, and as a result, it plummeted 15% in 15 minutes! This operation not only stripped the institution of its pants but also exposed the dirtiest unspoken rules in the crypto world.
1. Retail investors' IQ tax: You trust "official endorsement," hackers laugh at your naivety
Look at this magical reality: a16z has invested in top-tier projects like Coinbase and Solana, yet their own account security is worse than my front door lock! The hacker used their account to post fake coin advertisements, and retail investors rushed in with their eyes closed, only to end up losing everything.
Typical case slapping the face: In February this year, the founder of a16z's account was hacked and promoted a "ELIZA wealth coin," and a bunch of people mindlessly gambled, resulting in the token going to zero in 15 minutes, with the operator driving off in a Porsche overnight, while retail investors could only line up on the rooftop. This time the script is exactly the same—retail investors don't learn their lesson, and hackers dare to cut repeatedly!
Big Saint's sharp commentary: Are the salaries of the institution's security team not fed to dogs? Even a blue V account can be hacked, and those "ten times coin ads" on Twitter are a guaranteed trap!
2. The scythe is faster than retail investors: The operators are just waiting for your panic sell-off
Once the fake news breaks, tokens related to a16z (especially AI track projects) are bound to be smashed. But do you think this is bad news? Wrong! The operators have already set ambushes, waiting for retail investors to sell at a loss to buy the dip. In similar events last year, some people made a 30% profit in a day, and all the money you lost went into their pockets!
Operating iron rule:
When you see sudden good news, ask three times: Did the official website issue an announcement? Is there any abnormality in the on-chain data? Are the big accounts collectively promoting because they received money?
On-chain data won't lie! Keep a close eye on the movements of whale wallets, it's a thousand times more reliable than watching Twitter.
3. The dirtiest tricks in the industry: Security vulnerabilities are the operators' ATM
Why do hackers specifically steal institutional accounts? Because retail investors only recognize "authoritative endorsements"! Last time there was a fake project called Toji, they posted a screenshot of a16z's incubation without even making an official website, just relying on the X account to deceive over 500 people into sending money.