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Home»Business»Ex-Malaysian PM Mahathir’s X Account Hacked to Promote Meme Coins

Ex-Malaysian PM Mahathir’s X Account Hacked to Promote Meme Coins

Business Sandesh February 6, 2025 Business, Cryptocurrency News, Latest News, Tech

In a shocking security breach, the X account of former Malaysian Prime Minister Mahathir Mohamad was hacked and used to promote meme coins. The breach has raised serious concerns about the vulnerability of high-profile social media accounts, as the hacker exploited Mahathir’s large following to spread links and advertisements for various digital tokens.

Details of the Hack

The hack occurred on [specific date], when Mahathir’s official X account—which boasts millions of followers—was compromised. The attacker began posting tweets endorsing several meme coins, a type of cryptocurrency often associated with viral trends rather than real-world utility. These tweets included links to phishing websites and promoted fake coins in an attempt to deceive users into investing in fraudulent assets.

Despite the high-profile nature of Mahathir’s account, the scam appeared well-executed, catching many followers off guard. The hacker’s posts, which claimed to offer new opportunities in the world of digital currencies, were designed to look as though they came directly from the former prime minister’s account.

The Immediate Response

Once Mahathir’s team became aware of the breach, they immediately took action to regain control of the account. The tweets promoting the meme coins were deleted, and the account was secured. Mahathir’s spokesperson also issued a statement clarifying that the former prime minister had no involvement with the posts and condemned the use of his account for fraudulent purposes.

The incident highlights the ongoing risks and challenges of securing social media accounts, especially for individuals with substantial online followings.

The Impact of the Hack

While the immediate financial impact of the hack remains unclear, the breach has raised important questions about the safety of prominent figures on social media platforms:

  • Loss of Trust: Mahathir’s followers—many of whom are politically and economically active—may have experienced a loss of trust in the integrity of the former prime minister’s official social media profiles.
  • Crypto Market Fallout: The promotion of meme coins using Mahathir’s name may have resulted in financial losses for those who fell victim to the scam. Some of the promoted tokens may have already seen a spike in activity, causing further market manipulation.
  • Reputation Damage: This breach could also damage Mahathir’s reputation as a public figure, particularly among those who may associate him with cryptocurrency-related scams.

Why Meme Coins?

Meme coins, such as Dogecoin and Shiba Inu, have gained massive popularity over the past few years, often driven by viral internet trends, celebrity endorsements, and social media campaigns. However, these coins are often criticized for their lack of tangible value and speculative nature, which makes them a prime target for scammers looking to exploit the hype.

In this case, the hacker likely targeted Mahathir’s large online presence to leverage the power of his name in order to attract investors to these meme coins, knowing that his followers might assume the endorsements were legitimate.

Securing Social Media Accounts

This breach serves as a reminder of the vulnerabilities that public figures face on social media, particularly when their accounts are associated with significant political or economic influence. As a result of this hack, there have been renewed calls for stronger security protocols on social media platforms to prevent similar attacks in the future.

In response to the breach, cybersecurity experts recommend that prominent individuals use two-factor authentication (2FA), stronger password protocols, and regular account monitoring to help safeguard their profiles.

Although Mahathir’s team has acted swiftly to address the hack, the broader implications of the incident are still being explored. As cryptocurrency continues to gain prominence, this breach may represent just the tip of the iceberg for future attacks on high-profile social media accounts.

For now, Mahathir’s team has assured the public that they are taking steps to bolster the security of the account and protect against further attacks. However, this incident underscores the importance of vigilance in both personal and public-facing digital spaces as the world of cryptocurrencies and online scams continues to evolve.

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