Truth Terminal founder Andy Airy's X account was hacked and the attacker was promoting tokens.
The token's market value soared to $25 million, and its sale brought the hacker $BTC Andy Airy, founder of Truth Terminal, had his account on the social media platform X hacked. The hacker posted a contract address to sell tokens with the ticker IB, and his account earned 12.5% of the #token placement.
a chatbot promoting the token, which is currently making big #waves in the #cryptocurrency sector, caused unsuspecting investors to speculate, increasing the market value of the token to over $25 million. According to DEXScreener, the hacker made more than $600,000 in profit in the process.
The tokens then began to sell off heavily as the attackers liquidated their holdings, causing their price to plummet by nearly 98% to a market value of $500,000. The price of the tokens subsequently recovered, but this was attributed to a community takeover.
a subsequent post noted that Airy temporarily regained control of his X account. He explained that the hackers gained access to the account through his #cell phone company, suggesting a SIM swapping attack. However, suspicious messages were still appearing on the account, suggesting that it could still have been hacked.
I finally logged into my account. The hackers socially tampered with my cell phone. ', read the allegedly deleted message X,
Truth Terminal gained attention in the crypto community by becoming the first chatbot with more than $1 million in assets, thanks to its association with Mimcoin 'GOAT' and other Mimcoin donations approved by the chatbot during user interactions.
Read us at: Compass Investments
