ZKsync X hacker posts false SEC probe in apparent effort to crash token
The STRAY X of the Ethereum LAYER 2 ZKSYNC network and its MATTER Labs developers were compromised at the beginning of May 13, the hackers falsely claiming that the network was surveyed by the American authorities, among other scam messages.
An X account linked to Zksync published on May 13, confirming that the accounts for Zksync and Matter Labs have been compromised, warning users not to interact after the shared links of the accounts to a false air plateau in an apparent phishing scam.
The ZKSYNC and Matter Labs pirated then displayed a false declaration claiming that Zksync was under investigation by the American Securities and Exchange committee and that the Treasury Department could impose sanctions on the platform.
Matter Labs’ communications manager Lynnette Nolan confirmed to Cintelegraph that the post X now deleted “is not legitimate” and that the two accounts are now “completely back in the control of the team”.
“Shoutout with Zksync pirates. Instead of dropping a token and stealing a few dollars, they decided to scare the living shit of Onchain Degens,” said the co -founder of the G8 Garde, the co -founder G8.
The false declaration apparently aimed at crushing the price of the eponymous token of the platform, Zksync (ZK), which dropped around 2% in the last hour in the middle of the Back of account X, according to Coingecko.
The SEC has investigated cryptographic societies in the past, and many of these companies have chosen to disclose publicly when they were surveyed by the regulator.
The SEC stopped several of its probes under the Trump administration, with Crypto.com, immutable, Opensea and Robinhood Crypto, among others, confirming that the agency had ended the investigations.
ZK is down 6.4% in the last day to exchange around 7 cents, cooling from a rally of almost 38.5% which appreciated last week.
In relation: American prosecutors want 2 years for the dry account pirate x
Nolan de Matter Labs said that the company examined how accounts X had been raped, and thought it was via “compromised delegated accounts”, which allows users limited access to an X account, allowing them to publish on behalf.
Two hacks in as many months
This is the second compromise of the platforms controlled by Zksync since April.
On April 15, an attacker violated the account of the Ardrop distribution contract of Zksync and used a function to strike 111 million un demanded ZK tokens, worth around 5 million dollars at the time.
The hack occurred in the middle of the platform, which puts 17.5% of ZK’s offer to the participants in the ecosystem.
The attacker then made 90% of the stolen tokens, agreeing to keep 10% as a bonus.
Review: ZK’s intermediary provides intelligent contracts to Bitcoin – Bitcoinos and Starknet