Scammer hacks Crypto trader’s X (Twitter) account & pumps $ORDI coin

cryptodailyPublished on 2024-05-21Last updated on 2024-05-27

Scammer pumps Ordi token price

Scammer hacks Crypto trader's X (Twitter) account & pumps $ORDI coin 2

An unknown hacker & scammer hacked an X account of a Crypto trader analyst & pumped the trade price of the Ordi token by 15%.

Today the trade price of Ordinals Coin ($ORDI) surged 15%, from $38.1 to $44.1. later the trade price of this token retraced back.

Do you know? A scammer pumps the trade price of $Ordi token pic.twitter.com/HgSXlifK9b
— Bitcoinik (@Bitcoinikdotcom) May 27, 2024

Scammer pumps Ordi token price

An X (Twitter) user GCR, one of the most famous traders in the crypto space, informed his followers that his account was hacked, so ignore any kind of shared information through his X channel.

hacked
ignore everything coming from my channels
— GCR (@GiganticRebirth) May 26, 2024

Another Crypto X user noted that the recently shared information by GCR was something strange. In response, GCR said that someone was bribed at X.com otherwise no one could access his X account. That means an employee from X.com took money to disclose his account details.

Appears someone was bribed at https://t.co/ZZQS3JW0K7

Was notified 2 months ago by someone affiliated with twitter that bribes were had been made to get access to my account, and beefed up security then

But there can't be any security if X employees take money for admin access…
— GCR (@GiganticRebirth) May 26, 2024

Popular Chinese crypto blogger Colin Wu reported that an unknown hacker hacked GCR’s X account and shared big predictions about the ORDI token price.

This unethical job by the hacker acted as a catalyst to pump the trade price of the ORDI token sharply.

The investigation found that the hacker was ready to make money via setting his position on OKX & Binance exchange in advance, just before 6 minutes of the time when he (scammer) shared fake analysis predictions regarding the ORDI token.

Well-known trader GCR X’s account was stolen. Hackers released bullish and heavy position information on ORDI, causing ODRI to rise from around 38 USDT to 44.5 USDT in the short term. The hacker established positions on OKX and Binance 6 minutes in advance.…
— Wu Blockchain (@WuBlockchain) May 27, 2024

Now Binance & OKX crypto Exchanges may play an important role in catching that scammer/hacker because they can match the name of users in their data panel, who successfully made huge money in the ORDI market with a large position in the reported time frame.

Read also: Argentina is in talks with El Salvador over Bitcoin adoption strategy

Disclaimer: This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.

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