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MicroStrategy’s X Account Hacked, Leads to $440K Crypto Being Stolen: Blockchain Sleuth ZachXBT
The phishing attempt has already led to $440,000 worth of crypto being stolen.
Updated Mar 8, 2024, 10:07 p.m. Published Feb 26, 2024, 7:32 a.m.
MicroStrategy’s X account was hacked on Monday, leading to a phishing message being posted for its followers, blockchain sleuth ZachXBT said.
The X account of Michael Saylor’s software firm sent out a post announcing the launch of an MSTR token and a link for claiming the fake token. MSTR is MicroStrategy's stock symbol.
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there was a second best after all
— Spreek (@spreekaway) February 26, 2024
(hacked acc if not obvious lol) pic.twitter.com/cdLqbqiiCO
MicroStrategy is a business intelligence software maker that has invested more than $6 billion in bitcoin and is the largest publicly traded owner of the No. 1 cryptocurrency by market cap. Founder and Executive Chairman Saylor is a supporter of the token and frequently posts about it on the social media platform. Today the Tysons Corner, Virginia-based company said it bought another 3,000 BTC, taking the total owned to 193,000.
The phishing attempt led to over $440,000 worth of crypto being stolen, ZachXBT added. The post has since been deleted.
0xe7645b8672b28a17dd0d650a5bf89539c9aa28da
— ZachXBT (@zachxbt) February 26, 2024
~$440K stolen from the compromise so far
MicroStrategy did not immediately respond to a request for comment.
UPDATE (Feb. 26, 16:27 UTC): Adds MicroStrategy's stock ticker is the same as that of the purported token in second paragraph, background on the company and it's interest in bitcoin in third.
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