Kaito AI and founder Yu Hu's social media hacked, causing KAITO token price drop.
From Cointelegraph
March 15, 2025 5:39 PM:
Kaito AI and founder Yu Hu fell victim to an X social media hack on March 15. Hackers falsely claimed Kaito wallets were compromised, aiming to manipulate users into selling their tokens for profit. KAITO token price dropped due to a short position taken by hackers. The team regained control and assured users of wallet security. Recent social media hacks highlight ongoing cybersecurity threats in the crypto industry.
Pump.fun’s X account was hacked, promoting fake tokens like “Pump” governance token. The incident is linked to Jupiter DAO and DogWifCoin hacks. The Alberta Securities Commission warned of a crypto scam, CanCap, using fake news and endorsements to deceive victims. Lazarus group poses as venture capitalists in Zoom meetings to steal private keys and sensitive data from crypto executives. Stay vigilant against evolving scams and exploits affecting the crypto industry.
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