Hackers Hijack SpaceX and Starlink X Accounts to Promote SCATMAN, Netting About $108,000 in ETH

Hackers hijacked the X accounts of SpaceX and Starlink to promote the memecoin SCATMAN and collected about $108,000 worth of ETH. According to NS3.AI, Lookonchain said the attackers minted 10 trillion SCATMAN and then sold the token to buyers. Lookonchain also reported that another wallet sold 59.28 million SCATMAN for about $27,000 worth of ETH.