Algorand Foundation CEO's Social Account Hacked: Community Warned and Amused
Summary:
The Algorand Foundation announced that the X account of their CEO, Staci Warden, was hacked. After gaining access, the hacker posted offensive messages, recommending community members to sell Algorand (ALGO) tokens for Ether (ETH), and claimed future financial collapse would be thanks to Tron founder, Justin Sun's projects. Also, the account was manipulated in ways such as posting music and altering Warden's bio, implying she had left Algorand Foundation. Mixed reactions were seen in the community, with some finding humor in the situation.
The Algorand Foundation revealed on a certain date that the X account of their Chief Executive Officer, Staci Warden, has been hacked. The organization cautioned its followers not to click on any hyperlinks or reply to any direct messages connected to her account. Staci Warden's X account, on January 26, posted a message derogatorily referring to the Algorand community and using a widely recognized racial term. This suggested that her account was under the control of someone else. Subsequently, the hacker encouraged the community to sell off their Algorand (ALGO) tokens and invest in Ether (ETH) instead.
In addition to the first offensive post, the infiltrator made up a mocking narrative about Tron founder Justin Sun taking Algorand to extraordinary levels by having "total control" over it and the ability to create a link back to True USD (TUSD). The hacker also cheekily claimed that Sun's projects would trigger the next significant financial crash in the cryptocurrency domain.
Aside from these activities, the hacker amused themselves by posting music to the compromised account, and adjusted Staci Warden's profile biography to insinuate that she had exploited a vast amount of money from the community and misled them into thinking it was a hack. Further absurd changes to Warden's biography suggested that she had left Algorand Foundation to become a "semi-professional pole dancer."
In response to the chaos, some community members expressed amusement at the hacker's actions, particularly the fabricated narrative about Justin Sun. Some even suggested that the hacker should be employed by Algorand or allowed to retain control of the X account. Other community members used this episode to criticize Warden, with a crypto detective, ZachXBT, suggesting the hacker would make a better CEO for the foundation. Another person cheekily suggested that Warden makes the cut for an internship at the Security and Exchange Commission, an organization that had its own X account hacked earlier in the month.
Published At
1/26/2024 11:20:00 AM
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