• About Us
  • Careers
  • Contact
No Result
View All Result
Wednesday, September 3, 2025
DeFi Planet
  • News
    • People
    • Business
    • Crime
    • Regulation
    • Crypto
    • CBDC
  • Market Analysis
    • Bitcoin
    • Ethereum
    • Stablecoins
    • Altcoins
    • Crypto ETFs
    • Memecoins
  • Policy
  • Articles
    • Press Releases
    • Opinion
    • Explainers
    • Guest Post
    • Sponsored
  • Directory
    • Companies
    • People
    • Products
    • Wallets
  • Multimedia
    • Videos
    • Podcasts
  • Learn
    • DeFi Basics
    • Tutorials
    • Reviews
    • Blockchain Fundamentals
  • Research
    • Case Studies
  • Explore
    • DeFi
    • Crypto Gaming
    • NFT
    • DAO
    • Metaverse
    • Glossary
  • Jobs
  • Markets Pro
    • DeFi Planet Pro
    • Spend Crypto
    • Swap Crypto
    • Coin Prices
    • Crypto Exchanges
    • Crypto Analyzer
  • News
    • People
    • Business
    • Crime
    • Regulation
    • Crypto
    • CBDC
  • Market Analysis
    • Bitcoin
    • Ethereum
    • Stablecoins
    • Altcoins
    • Crypto ETFs
    • Memecoins
  • Policy
  • Articles
    • Press Releases
    • Opinion
    • Explainers
    • Guest Post
    • Sponsored
  • Directory
    • Companies
    • People
    • Products
    • Wallets
  • Multimedia
    • Videos
    • Podcasts
  • Learn
    • DeFi Basics
    • Tutorials
    • Reviews
    • Blockchain Fundamentals
  • Research
    • Case Studies
  • Explore
    • DeFi
    • Crypto Gaming
    • NFT
    • DAO
    • Metaverse
    • Glossary
  • Jobs
  • Markets Pro
    • DeFi Planet Pro
    • Spend Crypto
    • Swap Crypto
    • Coin Prices
    • Crypto Exchanges
    • Crypto Analyzer
No Result
View All Result
DeFi Planet
No Result
View All Result
Home News Crypto

Jupiter DEX and Former Malaysian PM’s X Accounts Hacked to Promote Scam Memecoins

6 February 2025
in Crypto, News
Reading Time: 3 mins read
103 6
source: banklesstimes.com

source: banklesstimes.com

On February 5, scammers hijacked the X accounts of the Solana-based DEX aggregator Jupiter and former Malaysian Prime Minister Mahathir Mohamad to promote fake memecoins.

Jupiter Mobile’s official X account issued a warning to users, advising them against clicking on links or purchasing tokens promoted through their compromised main account. The post stated,

“The team is working on restoring access.”

Additionally, Jupiter’s co-founder, Siong Ong, reassured users that the platform’s programs are secure and protected by a multisignature setup that requires multiple access approvals, ensuring safety 24/7.

The now-deleted post on the hacked account reportedly advertised a scam token called MEOW, which allegedly reached a staggering $30 million market cap within seconds before collapsing after a rug pull. GeckoTerminal data confirms the token spiked to $8 million before plummeting by 98%, leaving its value at just $88,000.

Crypto venture capitalist and GM Capital founder, known pseudonymously as Beanie, commented on the incident:

“Traders lost millions instantly on this Jupiter account hack. Literally in a matter of minutes. It’s amazing how we trust these protocols with billions of dollars in liquidity but they’re not competent enough to protect their social media.”

Meanwhile, Mahathir Mohamad’s X account was also used to promote a fraudulent token, MALAYSIA, according to SlowMist founder Yu Xian. The scam saw the token’s market cap peak at $3.4 million before crashing to $153,000.

This incident follows a similar hack on November 3, 2024, when rapper Wiz Khalifa’s X account was compromised. The attackers used Khalifa’s account, with over 35.7 million followers, to promote a fake cryptocurrency called “WIZ.” The posts falsely claimed the token was an official project backed by Khalifa and his “team.” The fraudulent scheme briefly gained traction, with WIZ launching on the Solana-based platform Pump. fun and reaching a $3.4 million market cap within minutes. However, its value rapidly plummeted to under $28,000 as early investors sold off their holdings.

 

If you want to read more news articles like this, visit DeFi Planet and follow us on Twitter, LinkedIn, Facebook, Instagram, and CoinMarketCap Community.

“Take control of your crypto portfolio with MARKETS PRO, DeFi Planet’s suite of analytics tools.”

Don't miss out!

Subscribe To Our Newsletter

Receive top education news, lesson ideas, teaching tips and more!
Invalid email address
Give it a try. You can unsubscribe at any time.
Thanks for subscribing!
Tags: Jupiter DEXMahathir Mohamed
Share64Tweet40Share11
Favour Okosodo

Favour Okosodo

Experienced web content writer with a strong command of SEO, specializing in creating concise, engaging content that drives traffic and enhances conversions across diverse industries.

Related Posts

source: ts2.tech
Crypto

U.S. Overtakes Most Markets in Global Crypto Adoption, Trails Only India — Chainalysis

3 September 2025
source: protos.com
Crypto

Trump-Linked WLFI Blocks Token Launch Hacks With Onchain Blacklisting

3 September 2025
source: venus.io
Crime

Venus Protocol Recovers $13.5M After Phishing Attack

3 September 2025
source:  blog.slex.io
Crypto

Linea Launches Ignition Rewards Program to Boost DeFi TVL Above $1 Billion

3 September 2025

Editors Picks

Bull vs. Bear: Key Indicators to Spot Market Trends Before Everyone Else

Bull vs. Bear: Key Indicators to Spot Market Trends Before Everyone Else

byOlayinka Sodiq
13 July 2025
0

Is Saudi Arabia Falling Behind in the Crypto Race Without Unified GCC Regulations?

Is Saudi Arabia Falling Behind in the Crypto Race Without Unified GCC Regulations?

byOlajumoke Oyaleke
6 July 2025
0

AI Deepfake Scams: How They’re Driving Fraud and Fueling Crypto Scandals

AI Deepfake Scams: How They’re Driving Fraud and Fueling Crypto Scandals

byOlajumoke Oyaleke
24 June 2025
0

Can Ethereum Transactions Be Reversed?

Can Ethereum Transactions Be Reversed?

byOlayinka Sodiq
24 June 2025
0

Is Running Masternodes Still a Viable Passive Income Strategy or a Thing of the Past?

Is Running Masternodes Still a Viable Passive Income Strategy or a Thing of the Past?

byOlayinka Sodiq
14 June 2025
0

Read More

Chain of Thoughts

Zero-Knowledge Everything: Trust, Privacy, and Verification in the Digital Age

Zero-Knowledge Everything: Trust, Privacy, and Verification in the Digital Age

byOlu Omoyele
30 August 2025
0

...

What Happens When AI Gets a Wallet?

What Happens When AI Gets a Wallet?

byOlu Omoyele
31 July 2025
0

...

The Game-changing Triumvirate: Blockchain, Data Science, and Artificial Intelligence

The Game-changing Triumvirate: Blockchain, Data Science, and Artificial Intelligence

byOlu Omoyele
30 June 2025
0

...

Are Stablecoins Bank Deposits?

Are Stablecoins Bank Deposits?

byOlu Omoyele
31 May 2025
0

...

Markets Update

What $13 Billion in Ether Treasuries Signals for Investor Behaviour

4 hours ago

What Happens If Bitcoin Reaches $1 Million?

4 hours ago

Stablecoins Are Propelling Latin America’s Financial Shift, Fueling Innovation and Inclusion

6 hours ago

Web3 Security Gets Real: Investing in Smart Contract Risk Management

6 hours ago

Is Crypto Really Helping Emerging Economies Bypass Legacy Financial Constraints?

6 hours ago

Cross-Chain Crypto Crime Tops $21 Billion in 2025: What’s Driving the Surge?

1 day ago
Read More

Events

CBDC Conference
CBDC Conference
9 Sep 25
Nassau

Spotlight

All about Ethereum
All about Algorand
All about Bitcoin
All about Gora

Press Releasespress releases

Bybit Card Launches in Europe With Unmatched 20% Cashback

bychainwire
3 September 2025
0

KuCoin Presents KuMining: Embodying “Simple Mining, Smart Gains” for Effortless Crypto Accumulation

bychainwire
3 September 2025
0

Meme Coin Little Pepe Raises Above $24M in Presale With Over 39,000 Holders

bychainwire
2 September 2025
0

Pioneering AI Visionary Vincent Boucher & AGI Alpha Announce a Meta‑Agentic AGI Jobs Marketplace Platform

bychainwire
2 September 2025
0

BitMine Immersion (BMNR) Announces Release of August Investor Presentation and Latest Video Message from Tom Lee, Chairman

bychainwire
2 September 2025
0

Read More

ADVERTISING

ABOUT

TEAM

CAREERS

CONTACT

TERMS & CONDITIONS

PRIVACY POLICY

© Copyright 2025 DeFi Planet

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
Please enter and activate your license key for Cryptocurrency Widgets PRO plugin for unrestricted and full access of all premium features.

Add New Playlist

No Result
View All Result
  • News
    • People
    • Business
    • Crime
    • Regulation
    • Crypto
    • CBDC
  • Market Analysis
    • Bitcoin
    • Ethereum
    • Stablecoins
    • Altcoins
    • Crypto ETFs
    • Memecoins
  • Policy
  • Articles
    • Press Releases
    • Opinion
    • Explainers
    • Guest Post
    • Sponsored
  • Directory
    • Companies
    • People
    • Products
    • Wallets
  • Multimedia
    • Videos
    • Podcasts
  • Learn
    • DeFi Basics
    • Tutorials
    • Reviews
    • Blockchain Fundamentals
  • Research
    • Case Studies
  • Explore
    • DeFi
    • Crypto Gaming
    • NFT
    • DAO
    • Metaverse
    • Glossary
  • Jobs
  • Markets Pro
    • DeFi Planet Pro
    • Spend Crypto
    • Swap Crypto
    • Coin Prices
    • Crypto Exchanges
    • Crypto Analyzer

© Copyright 2024 DeFi Planet   |   Terms & Conditions   |   Privacy Policy

-
00:00
00:00

Queue

Update Required Flash plugin
-
00:00
00:00