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CoinGecko's X Accounts Hacked to Promote Scam

CoinGecko’s X Accounts Hacked to Promote Scam

Hackers breached the accounts of cryptocurrency market data aggregator CoinGecko on the social platform X.

“Our Twitter accounts CoinGecko and GeckoTerminal have been compromised. We are taking steps to investigate the situation and secure our accounts. Please DO NOT click on any links or engage with suspicious content,” the team wrote.

Hackers posted a message on the compromised pages about a giveaway of 125,000 tokens named GCKO. The scammers claimed that the purported CoinGecko-launched coin could be used to pay for the API of major Web3 infrastructure providers like Ankr.

In the comments under the breach announcement, users actively inquired whether two-factor authentication (2FA) was enabled, drawing parallels with the hack of the SEC account.

A few hours later, CoinGecko reported that they had regained control of the accounts.

“Despite having 2FA enabled and robust security measures, one of our team members accidentally clicked on a fraudulent Calendly link, granting unauthorized access to the application to a hacker, who then posted a message on our behalf,” the team explained.

Earlier in January, hackers breached X accounts of Netgear and Hyundai to promote a crypto scam.

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