The latest uproar in the political and crypto world comes from the UK, where the official X (formerly Twitter) account of Ms. Lucy Powell – Leader of the House of Commons – was taken over by hackers to promote a junk coin called “House of Commons Coin (HCC).”


A bold attack targeting the UK political scene


With nearly 70,000 followers, Ms. Lucy Powell's account unexpectedly posted a status claiming #HCC is “a community-led digital currency, empowering the people on the blockchain.” Along with this was the official logo of the House of Commons – a detail that led many to believe this was a project genuinely backed by the government.


However, shortly after, Ms. Powell's office confirmed that the account had been hacked and misleading posts had been removed. Her representative stated: “We quickly took steps to secure the account and remove misleading content.”


The dark side of meme coins: Scams disguised as community projects


The incident is not just a single hack but part of a worrying trend: hackers targeting celebrities and trusted figures to create false trust around fraudulent cryptocurrency projects.


The modus operandi is quite familiar:



  • Account takeover of influential accounts



  • Posting information about a “community,” “fair,” “for the people” token



  • Calling for investment before the token price skyrockets



  • Withdrawing liquidity or deleting the token, leaving investors “stranded”




Such incidents not only cause losses for investors but also severely impact the reputation of politicians, especially at a time when global political and financial situations are sensitive.


Not just in the UK: Argentina and the Philippines are also victims


Ms. Powell's incident is just one piece in a series of attacks on politicians globally:



  • Argentina (February 2025):

    The account of Mr. José Luis Espert, a congressman from President Javier Milei's party, was hacked to promote a fake token called $LIBRA V2, falsely claiming to be “an economic support solution #Argentina .”

    Previously, President Milei himself had been criticized for promoting the original LIBRA, which surged and then collapsed, causing many to lose money. The attack raised public suspicion that this was an effort to deliberately cause political instability.



  • Philippines (also in February 2025):

    The account of former Vice President Leni Robredo was compromised and posted information supporting a project related to Solana blockchain.

    Ms. Robredo later had to post on Facebook: “Please ignore all posts while I am trying to recover my account.”





This incident is not the first time cryptocurrency has been exploited in large-scale hacks:



  • July 2020: A number of X accounts of influential figures like Barack Obama, Joe Biden, Elon Musk, Bill Gates, Jeff Bezos were hacked. The content of the tweets was similar, inviting users to send Bitcoin to “receive double back” – a classic scam that still traps many.



  • September 2020: An X account of a national charity organization in India was hacked, posting fake information about $ETH .



  • December 2021: The official Twitter account of Indian Prime Minister Narendra Modi was compromised, posting a statement “India has legalized Bitcoin” and is issuing tokens to citizens – completely false and removed shortly after.



Insights for the crypto community and Binance users


These incidents serve as a strong warning for both investors and those operating in the crypto space:



  • Do not trust any investment information based solely on a single tweet, even from famous figures.



  • Always verify authenticity from multiple sources before participating in any project.



  • Meme coins “for the community” are not always harmless – sometimes they are sophisticated weapons of bad actors, exploiting trust to “offload” and disappear.



For users on platforms like Binance, special caution is needed before unusual price-inflated coins promoted on social media. Although Binance has a strict censorship system, nothing can replace users' vigilance and self-assessment skills.



Risk warning: The cryptocurrency market always carries high risk and volatility. This article is not investment advice. Investors should do their own research and take responsibility for their decisions. Crypto is not suitable for everyone.


#anhbacong