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Hacker Continues to Control Algorand CEO's X Account, Mocks Platform and Users

Algoine News
Summary:
An unknown hacker continues to operate on the X (formerly Twitter) account of Algorand Foundation's CEO, Staci Warden, almost a day after the breach was reported. The cyber attacker posts offensive comments and mocks the platform and members. Despite Algorand Foundation's efforts to reclaim the account, the hacker remains active. Some X users found humor in the situation, even suggesting the hacker would be preferable as CEO. The Algorand Foundation is yet to comment on the issue.
Nearly a day has elapsed, yet an unidentified entity continues to utilize X (previously known as Twitter) for posting on the account of Staci Warden, the CEO of Algorand Foundation. The hacker continues to ridicule the platform and its users. As of 6:28 PM UTC on January 26, the anonymous cyber intruder is still posting content, around 15 hours after Algorand announced its efforts to regain control of Warden's account. Utilizing the platform, the invader has disseminated messages laden with ethnically offensive slurs and disrespectful comments about Warden, some of these while interacting with other X participants. Source: X The invader, while manipulating the hijacked account, specifically targeted Warden, making alterations to her profile to signify that she had deceived customers out of substantial funds and misled them to believe it was the result of a cyber breach. It also trivialized her as a part-time pole dancer. However, many X users found the disruption humorous, even suggesting they preferred the hacker's posts over Warden's: "Controversial stance: Algorand Foundation might be better off with Staci's hacker as CEO," Tweeted by ZachXBT on January 26, 2024. There's no clarification on whether X's help center was tackling the security breach. The Algorand Foundation was reached by Cointelegraph for a statement but failed to reciprocate before the article was published. Related: Partnership between Hedera and Algorand to craft a decentralized system for wallet recovery In the past, high-profile X accounts, like the United States Securities and Exchange Commission (SEC), have been temporarily seized. On January 9, a hacker sent out a bogus announcement via the account stating that the SEC had authorized Bitcoin (BTC) exchange-traded funds in physical form. As per the SEC's report from January 22, this was due to a SIM swap attack. Magazine: Should cryptocurrency initiatives ever engage in discussions with hackers? It's possible.

Published At

1/26/2024 10:40:00 PM

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