In the world of crypto, where every tweet can spark market chaos, yet another case of identity abuse has surfaced — this time involving the official X (formerly Twitter) account of UK MP Lucy Powell, hijacked to promote a fake Solana memecoin.

🔹 Attack on a British Politician’s Account

On April 15, hackers took over the X account of Lucy Powell, Chair of the UK House of Commons, who has over 70,000 followers. The compromised account began promoting a supposed “community-driven digital currency” named HOC or HCC. Posts included a fake smart contract address and a DexScreener link.

Powell’s team confirmed the hack to the BBC and took swift action to recover the account. However, how the verified account was breached remains unknown.

🔹 Little to No Impact from the Token

Despite the account’s reach, the token’s adoption was negligible. DexScreener reported just 616 trades and a total volume of $58,000. Its market cap soon collapsed to just $3,000.

🔹 A Growing Trend of Political Crypto Hacks

This isn't an isolated case. More political figures have recently become targets of crypto scammers. Ghanaian President John Mahama's account was hacked to promote "Solanafrica." Hackers claimed it was backed by Ghana, Solana, and the World Bank to facilitate free payments in Africa.

Other notable victims include Argentine lawmaker José Luis Espert and former Philippine Vice President Leni Robredo — all used to spread fake crypto projects.

The trend mirrors the 2020–2021 Twitter hacks that compromised high-profile accounts of Elon Musk, Barack Obama, Bill Gates, and Jeff Bezos, used to post crypto scams.

🔹 When Is It Real? Politicians Now Launch Their Own Memecoins

What makes these scams harder to detect is the fact that some politicians are actually launching crypto tokens themselves. Former U.S. President Donald Trump promoted his TRUMP memecoin, followed shortly by Melania Trump’s MELANIA.

Argentina’s President Javier Melei pushed a token called LIBRA, which later crashed, sparking a political scandal. Even the Central African Republic’s President Faustin-Archange Touadéra launched the CAR memecoin in February 2025, complete with a promo video on his official X account.

🧠 Bottom Line

As real political figures step into crypto, distinguishing scams from reality is getting harder than ever. This creates a dangerous environment for speculation, manipulation — and millions of followers caught in the middle.

#CryptoScamAlert , #CryptoNewss , #solana , #memecoins , #CyberSecurity


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