IFTTT, a third-party automation service, has been blamed for the recent surge in fraud activity on the X platform.
Using this technique, scammers inundated the platform with fraudulent postings requesting that users deposit Solana cryptocurrencycurrency to a certain wallet address in exchange for a meme token known as “$PACKY.”
McCormick quickly informed his followers that his account had been compromised and urged them not to click on any links or transfer money to unknown addresses.
These con artists acquired access to the accounts of notable cryptocurrencycurrency community members, including Twitch co-founder Justin Kan, COinbase product director Scott Shapiro, and a16z consultant Packy McCormick.
The fraudulent publications promised complex marketing strategies and listings on cryptocurrencycurrency exchanges, claiming the advent of a new memecoin called “$PACKY.” They also provided a Solana wallet address for transactions.
“Looks like the hacker got in through IFTTT (If This Then That), which I gave access to Twitter about a decade ago,” McCormick wrote shortly afterwards. He asked other users to disable access to connected apps while promising them that the problem had been resolved.
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