#KaitoXAccountHacked
🚀KaitoXAccountHacked: Urgent Alert! 🚨
The Web3 community is facing a serious security breach! The KaitoX account has been compromised, and users are advised to stay vigilant. If you receive suspicious messages, do not click any links or share personal info.
On March 15, 2025, Kaito AI, a prominent crypto-focused artificial intelligence platform, and its founder, Yu Hu, experienced a coordinated cyberattack that compromised their official X (formerly Twitter) accounts. The attackers exploited this breach to disseminate false information, claiming that Kaito AI's wallets had been compromised, aiming to incite panic among investors.
ambcrypto.com
The fraudulent posts led to immediate market reactions, with the price of KAITO tokens plummeting to $1.30—a 9.07% drop from its previous level. However, once the misleading information was rectified and clarifications were issued by the Kaito AI team, the token's price rebounded, surging to $1.56 before stabilizing at $1.44.
ambcrypto.com
Further investigations revealed that the hackers had strategically opened short positions on KAITO tokens prior to the attack, profiting approximately $1 million from the ensuing market volatility. This sophisticated tactic underscores a growing trend where cybercriminals exploit social media platforms to manipulate cryptocurrency markets.
ambcrypto.com
Kaito AI has reassured its community that their wallets remain secure and that they are actively investigating the breach to enhance their security measures. This incident serves as a stark reminder of the vulnerabilities present in the digital asset space and the critical importance of robust security protocols to protect against such malicious activities.
