A hacking group profited over $14 million by hacking into X accounts and promoting their tokens.

CoinFeed reported on May 18th that, according to Bits.media, anonymous blockchain researcher Specter revealed that a hacking group earned over $14 million by compromising X platform accounts to promote their own tokens and launder money across blockchains. The group was involved in attacking the X accounts of investor Keith Gill, Pepe the Frog creator Matt Furie, and the WinRAR project, with fund flows spanning five networks: Solana, BNB Chain, Ethereum, Tron, and Hyperliquid. The group is also suspected of involvement in a 2024 phishing attack that resulted in victims losing $2.45 million in wstETH.