ZKsync X hacker posts false SEC probe in apparent effort to crash token


Ethereum Layer 2 Network Zksync and its developer Matter Labs X account was compromised in early May, hackers falsely claimed that the network was being investigated by US authorities along with other scam messages.

A Zksync-Related X Account Posted On 13 May, confirming accounts for Zksync and Matter Labs, warning was warned, warning users not to negotiate after sharing links of fake aircraft in a clear fishing scam.

Other X users warned that the ZksyNC X account was compromised. Source: Pseudo

Hacked Zksync and Matter Labs then Both Posted A fake statement claiming Zksync was investigating by the US Securities and Exchange Commission and the Treasury Department could ban the stage.

Matter Labs Communications Head Linnet Nolan confirmed the coinlagraph that the ex -post removed is now “not valid” and both accounts are now completely back under the team’s control. “

Crypto Startup G8keep co-founder Harrison Legio, which goes by “pop punk,”, instead of stealing a few rupees known by the Crypto Startup G8keep co-founder Harrison Legio, “Pop Punk,”, shout to the Zksync hackers. Posted From x.

Source: Harrison Legio

The fake statement seemed to be aimed at crashing the price of the platform, Zksync (ZK), which has fallen about 2% in the last hour between the X account breech, According For coingecko.

The SEC has investigated the crypto companies in the past, and many of these firms have chosen to publicly disclose when they have been investigated by the regulator.

The SEC has stopped several of its investigations under the Trump administration, with Crypto.com, irreversible, Openia and Robinhood Crypto, among others, the agency abolished the investigation.

The ZK is 6.4% below the last day to trade at around 7 cents, cooling from the rally around 38.5% in the previous week.

Connected: US prosecutor SEC X Account wants 2 years for hackers

Nolan of Matter Labs stated that the firm was seeing how X accounts were dissolved, and it is believed that it was through “compromised represented accounts”, which allows users to be limited to an X account, allowing them to be posted on their behalf.

Two hacks in several months

This is the second agreement of Zksync-controlled platforms from April.

On 15 April, an attacker violated the account of ZksyNC’s aircraft distribution contract and at that time the price of approximately $ 5 million used a function to mint 111 million unclaimed ZK tokens.

Hack took place in the midst of the platform to hand over 17.5% of the Ecological Mechanism to participants.

The attacker later returned 90% of the stolen tokens, agreed to keep 10% as a reward.

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