Algorand Foundation CEO’s Account Compromised
The Algorand Foundation reported that the CEO Staci Warden’s X account was compromised, leading to unauthorized posts on the account. The compromised account posted offensive content, including derogatory language and false statements about the Algorand community.
Hacker Posts Offensive Content and False Statements
CEO Staci Warden X’s (formerly Twitter) account was compromised, and the hacker posted derogatory comments about the Algorand community using a racial slur. The hacker urged the community to sell Algorand’s native token, ALGO, and buy Ether (ETH) instead.
Attacker Uses Satire to Spread Misinformation
Additionally, the attacker posted satirical content about a fictional agreement with Tron founder Justin Sun, claiming that it gave Sun “total control” over Algorand and allowed him to mint any token back to True USD (TUSD).
Algorand Foundation Urges Caution
The Algorand Foundation urged its community not to click on any links or respond to direct messages from Staci Warden’s compromised X account. Following the compromise of Staci Warden’s X account, the hacker continued to post provocative content, including satirical stories and altered profile information.
Community Reacts with Mixed Responses
Despite the posts’ unconventional and inappropriate nature, some community members appeared to find amusement in the hacker’s antics. However, others took the opportunity to criticize Warden. Some community members suggested that the hacker be hired by Algorand or allowed to keep the account.
Hacker Promises Ethereum Giveaway
The hacker also published a post in which he promised to give away one Ethereum (ETH) for every percentage that the price of the ALGO token loses during this week.
Conclusion
The compromise of the Algorand Foundation CEO’s Twitter account has led to offensive and false content being posted. While some community members found amusement in the hacker’s actions, others used it as an opportunity to criticize the CEO. The Algorand Foundation has urged caution and advised against clicking on any links or responding to direct messages from the compromised account. The hacker also promised an Ethereum giveaway based on the price movement of ALGO token. Despite the hack, ALGO’s price did not experience a significant drop.
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