Hackers Compromise Kaito AI & Yu Hu’s X Accounts

Damage Control

Kaito, an AI focused platform known for its crypto market analyses, posted fake messages claiming users’ wallets were compromised and funds were at risk. The attackers had shorted KAITO tokens, hoping users would sell, causing a price drop for profit.

Source: X (@KaitoAI)

The Kaito AI team regained access to their accounts and assured users that their wallets were secure. They also later noted high-level security measures were in place to prevent such hacking attempts.

Hacks On The Rise

The incident adds to the rapidly growing list of crypto-related social media hacks and scams, including the Pump.fun hack, which promoted fake tokens, and the CanCap scam, which misused Canadian politicians’ likenesses.

Additionally, the Lazarus hacker group is reportedly running a new type of scam nowadays, posing as venture capitalists in Zoom calls to steal crypto private keys by redirecting users to malware-ridden chat rooms.