🔥 KaitoX Twitter Account Hacked! 🔥

Based on the search results, it is accurate that the Kaito AI X (formerly Twitter) account, along with the account of its founder, Yu Hu, were indeed hacked. Here's a summary of the key points:  

Compromised Accounts:

Both the official Kaito AI X account and Yu Hu's personal X account were compromised.

Misinformation Spread:

The hackers used the accounts to spread false information, claiming that Kaito wallets were compromised, and attempting to create fear and uncertainty (FUD) among users.  

Malicious Intent:

Reports indicate that the hackers had opened short positions on the KAITO token before the hack, suggesting they aimed to manipulate the market by causing a price drop.

Response:

The Kaito AI team acted quickly to regain control of the accounts and reassure users that wallets were not compromised.

Trend:

This attack is part of a growing trend of social media account hacks targeting the cryptocurrency space.

Therefore, the news of the Kaito AI X account being hacked is confirmed.

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