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Litecoin X account briefly compromised for fake token promotion

Litecoin X account briefly compromised for fake token promotion
© Copyright Image: Crypto Breaking News

Unfortunately, the official Twitter account of Litecoin (LTC) fell victim to a hacking incident that resulted in the promotion of a fraudulent token. The malicious activity involved the account sharing a link to a website claiming to airdrop a new token called L2, which was portrayed as a partnership between Litecoin and Tron (TRX).

The hacked tweet was quickly identified and deleted, but not before many users were misled into believing the false promotion. The incident serves as a reminder for the cryptocurrency community to remain vigilant against scams and take precautions to verify information before engaging with it.

Litecoin creator, Charlie Lee, took to Twitter to address the issue and reassure users that the team was working to investigate and resolve the situation. Lee also advised users to be cautious of any token giveaways or airdrops promoted through social media platforms, as they are often used as a tactic by scammers to deceive individuals.

This hacking incident highlights the importance of securing social media accounts, as well as the need for greater awareness and education within the crypto community to prevent falling victim to such fraudulent schemes. It also emphasizes the significance of verifying information and ensuring the legitimacy of any offers or promotions encountered online.

The post Litecoin X account briefly compromised for fake token promotion appeared first on Crypto Breaking News.

Read more: https://www.cryptobreaking.com/litecoin-x-account-briefly-compromised-for-fake-token-promotion/

Text source: Crypto Breaking News

Disclaimer: Financial information and news are not financial advice, read the disclaimer.
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