John Wu, the Chief Operating Officer of Ava Labs, the company behind the Avalanche blockchain, confirmed that his X account was hacked after he posted a memecoin promotion.
The incident occurred on August 21, 2023, when Wu’s account, which has over 130,000 followers, shared a post about the “WOJAK” memecoin. The post, which has since been deleted, claimed that WOJAK was launching a new token on the Avalanche blockchain.
Wu quickly responded to the post, stating that his account had been compromised and that the WOJAK promotion was not legitimate. He urged followers to ignore the post and report it as spam.
The incident highlights the dangers of social media scams and the potential for hackers to exploit high-profile accounts. It also serves as a reminder for users to be cautious of any promotions or announcements from verified accounts, especially if they seem unusual or too good to be true.
Wu’s account has since been restored, and he has clarified that he has no association with the WOJAK memecoin. He has also advised users to verify the legitimacy of any cryptocurrency projects before investing.
The incident has sparked concerns about the security of social media accounts, especially those belonging to prominent individuals in the cryptocurrency industry. It remains to be seen what measures will be taken to prevent similar incidents in the future.
