Cryptocurrency trader under the pseudonym GCR revealed that his X account had been hacked through bribery, leading to an ORDI pump-and-dump scheme.
On May 26, the account
GCR, a prominent figure in the cryptocurrency community, alerted his followers to the hack via an It is a token aimed at saving the Terra Luna ecosystem after the collapse of the UST stablecoin in May 2022.
“I was notified two months ago by someone affiliated with Twitter that bribes had been offered to gain access to my account, and security was subsequently beefed up. But there can be no security if X employees take money for administrative access.
JCR
Shortly after the hacked account posted about ORDI, the price of the token on Bybit rose from $38 to $46 before falling back to $40 within minutes.
While the identity of the hacker remains unclear at press time, blockchain investigator ZachXBT male On his account,
Multiple reports Indicates The hacker allegedly opened large positions on several centralized exchanges before hacking GCR's account, potentially exposing his identity.