🚨 Crypto Scam Alert: UK Minister’s X Account Hacked

Government minister Lucy Powell’s verified X account was hacked to promote a fake cryptocurrency dubbed House of Commons Coin ($HCC).

The posts, now deleted, claimed $HCC was a "community-driven digital currency" and even used official-looking graphics featuring the House of Commons logo.

Powell’s team confirmed the breach happened Tuesday morning and acted swiftly to secure the account. Experts say this was a classic "pump and dump" scam—using high-profile accounts to push worthless crypto for quick profit. In this case, the scammers made just around £225 from 34 transactions.

Cybersecurity officials warn of rising account takeovers in 2024, urging users to enable 2-step verification and use strong, unique passwords.

This follows similar hacks, including BBC journalist Nick Robinson, whose account was used to promote a fake "$Today" token.

Stay alert, and always verify before you invest.

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