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SpaceX, Starlink X Accounts Hijacked to Promote SCATMAN Memecoin Scam, Hackers Pocket $108,000 in ETH

2026-07-14 14:42:29

ETH5.24%

MEME-0.12%

According to on-chain analytics platform Lookonchain, hackers compromised the X accounts of SpaceX (2 million followers) and Starlink (1.6 million followers) to promote a memecoin scam called SCATMAN. The attackers minted 10 trillion SCATMAN tokens and executed a rug pull after promoting the token through the hijacked accounts. The primary wallet involved in the scheme netted approximately $108,000 worth of Ethereum, while a secondary wallet sold 59.28 million SCATMAN for $27,000 in ETH. Security researchers noted the swift execution of the account takeover, underlining vulnerabilities in high-profile social media accounts tied to major tech companies.

Disclaimer: The information on this page may come from third-party sources and is for reference only. It does not represent the views or opinions of Gate and does not constitute any financial, investment, or legal advice. Virtual asset trading involves high risk. Please do not rely solely on the information on this page when making decisions. For details, see the Disclaimer.

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