๐Ÿ˜ฑ๐Ÿ˜ฑโš ๏ธ๐‚๐ซ๐ฒ๐ฉ๐ญ๐จ ๐’๐œ๐š๐ฆ ๐€๐ฅ๐ž๐ซ๐ญ: ๐”๐Š ๐Œ๐ข๐ง๐ข๐ฌ๐ญ๐ž๐ซ ๐‹๐ฎ๐œ๐ฒ ๐๐จ๐ฐ๐ž๐ฅ๐ฅโ€™๐ฌ ๐ฏ๐ž๐ซ๐ข๐Ÿ๐ข๐ž๐ ๐— ๐š๐œ๐œ๐จ๐ฎ๐ง๐ญ ๐ฐ๐š๐ฌ ๐ก๐š๐œ๐ค๐ž๐โ—โ—

Crypto Scam Alert: UK Minister Lucy Powellโ€™s verified X account was hacked to promote a fake cryptocurrency called House of Commons Coin ($HCC). The posts, now removed, described $HCC as a โ€œcommunity-driven digital currency,โ€ even featuring official-style graphics with the House of Commons logo.

Her team confirmed the breach occurred Tuesday morning and quickly secured the account. Experts identified it as a typical "pump and dump" scheme, where scammers exploit high-profile accounts to promote worthless crypto for quick gains. In this case, the scam netted just ยฃ225 from 34 transactions.

Cybersecurity experts are warning of a rise in account takeovers in 2024, urging everyone to use strong, unique passwords and enable 2-factor authentication.

This incident follows similar breaches, including BBC journalist Nick Robinsonโ€™s account, which was used to promote a fake "$Today" token.

Stay cautious and always verify before investing.

#CyberSecurity #CryptoScam #BinanceAlphaAlert #BinanceLeadsQ1