Jeremy Hogan, a high-profile lawyer and prominent supporter of Ripple's XRP, has fallen prey to a cyberattack, resulting in the hacking of his Twitter account.
This hack follows a recent court decision declaring that secondary XRP sales are not securities, a ruling the SEC has stated it plans to appeal.
On Hogan's Twitter account, fraudulent tweets have been promoting Ripple scams and giving away an "XRP V2.0 NFT Collection" to all XRP holders and nonholders. The last legitimate tweet posted by Hogan was four days ago.
The hackers are leveraging Hogan's well-regarded status within the crypto community to advocate for spurious claims.
Tweets from the compromised account are inviting users to join a "celebration with free XRP tokens" and urging them to "claim your tokens now and celebrate the victory with us." These claims are, of course, fake.
Alex DovbnyaThis incident mirrors a similar hack that occurred in early June, where John Deaton, another notable pro-XRP attorney, was targeted.
As reported by U.Today, Deaton's phone was compromised following a relentless cyberattack over several days, resulting in unauthorized access to his Twitter account.
The hackers exploited Deaton's standing in the crypto sector to unveil a new digital token called LAW, touting it as an innovative addition to the decentralized finance (DeFi) landscape and encouraging followers to claim the token via a linked website.
Dan Burgin
U.Today Editorial Team
Vladislav Sopov