Feb 2025 - Pump.Fun $PUMP Token From Twitter/X Account Breach - $100k (Global)
pump.fun is a Solana-based memecoin generator."
"Pump prevents rugs by making sure that all created tokens are safe. Each coin on pump is a fair-launch with no presale and no team allocation. step 1: pick a coin that you like step 2: buy the coin on the bonding curve step 3: sell at any time to lock in your profits or losses step 4: when enough people buy on the bonding curve it reaches a market cap of $69k step 5: $12k of liquidity is then deposited in raydium and burned"
Pump.fun's Twitter/X account was breached by a malicious actor.
Pump.fun, a popular Solana-based platform for creating and trading meme coins, had its X account hacked on February 26, 2025. The hackers used the compromised account to promote a fraudulent token called “PUMP,” claiming it was the official governance token of Pump.fun. The fake post read, “Introducing $PUMP the OFFICIAL pump.fun GOVERNANCE token, where Democracy has never been this degen.
We will also be REWARDING our OG DEGENS.” The hackers, who identified themselves as “GPT-4.5,” threatened to delete the Pump.fun X account if the token reached a $100 million market cap. Despite warnings that the token’s supply was heavily concentrated among a small group of wallets, the PUMP token briefly reached a $5 million market cap before rapidly crashing. The Pump.fun team acknowledged the breach and advised users not to interact with the compromised account.
Pumpfun has acknowledged the breach, posting on its Telegram channel that users should not interact with the account.
"Our X account is compromised. Do not interact with it. We are investigating," a Pumpfun staff member posted to Telegram.
ZachXBT mentioned in another Telegram post that Pump.fun X account hack could be connected to the Jupiter DAO X account hack this February and DogWifCoin’s hack in November last year. The investigator still insisted that the hacks were possibly not the fault of the teams. ZachXBT further speculated that the threats could be connected to X social engineering employees with fraudulent documents or emails. The investigator also suggested that the exploitation of an X panel could be another probable cause of the compromised accounts.
"Shortly after the initial scam post, the hackers escalated their efforts by promoting yet another fake token, called "GPT-4.5." while also threatening to delete the Pump.fun X account if the token reached a $100 million market cap, further adding to the chaos and confusion among users."
There was a report of a hacked.fun token which was to be launched to give victims an opportunity to recover losses.
There is a likely an ongoing investigation int the perpetrator who appears to have breached multiple Twitter/X accounts.
Further Analysis
Pump.fun, a Solana-based platform for generating and trading memecoins, had its official X (Twitter) account hacked on February 26, 2025. The attacker used the compromised account to promote a fake governance token called “$PUMP,” falsely claiming it was tied to the platform, and threatened to delete the account if the token hit a $100 million market cap. Despite clear signs of manipulation, including concentrated token holdings, $PUMP briefly surged to a $5 million market cap before crashing. The Pump.fun team quickly acknowledged the breach via Telegram, urging users not to interact with the X account. Investigator ZachXBT suggested the incident may be linked to prior high-profile X account hacks and possibly involved social engineering tactics targeting X employees.
How Could This Have Been Prevented?
More Cryptocurrency Exchange Hacks/Scams/Frauds
Suji Yan Mask Network Founder Mobile Wallet Birthday Theft > > < < Infini Money Anonymous Developer Backdoor Vault Theft
Sources/Further Reading
Pumpfun's X Account Hacked, Fake Tokens Promoted—Some Wallets Profit Over $100,000 Through Rapid Trades - ODaily News (Dec 31)
Pumpfun - "Pumpfun account was hacked and launched a token. Although it was confirmed to be fake very quick. Several wallets are still able to profit over $100K by buying/selling within 1 minute." - Twitter/X (Dec 31)
https://www.bitdefender.com/en-gb/blog/hotforsecurity/pump-fun-x-account-hacked-to-promote-fake-pump-token-cryptocurrency-scam - BitDefender (Dec 31)
Pump.fun X account hacked to promote scam governance token - Bleeping Computer (Dec 31)
Pump.fun X account hacked to promote fake PUMP token - Daily Motivation News (Dec 31)
ZachXBT: Hackers compromise Pump.fun X account, issuing fake memecoin announcements - MiTrade (Dec 31)
Pump.fun's X Account Hacked To Promote Fake "PUMP" Token, Triggering $5 Million Market Cap Surge - Yahoo News (Dec 31)
Pump.fun Falls Victim to X Account Hack—Fake “PUMP” Token Circulates - BitDegree (Dec 31)
Pump.fun's X account hacked to promote fake governance token $PUMP - CryptoBriefing (Dec 31)
ZachXBT Investigation On Telegram (Dec 31)
https://solscan.io/account/42TEV7iqRVUNP11fk2Huczq6BX8C79EnPaF8veHmMi7T?page=59#defiactivities (Dec 31)
@qubitxbt Twitter (Dec 31)
@0xDeepz Twitter (Dec 31)
MemeseusMaximus - "@pumpdotfun account compromised, the token is fake." - Twitter/X (Dec 31)
@_memestreetbets Twitter (Dec 31)
@DirectorVibes Twitter (Dec 31)
@YutiBot Twitter (Dec 31)
@stat1x_x Twitter (Dec 31)
@Eldarone_ Twitter (Dec 31)
@degenrory Twitter (Dec 31)
@LanaCoin_Ai Twitter (Dec 31)
@KingJamesLOS Twitter (Dec 31)
@ChainGPTAI Twitter (Dec 31)
@pinkprintersol Twitter (Dec 31)
@1Moree_e Twitter (Dec 31)
@IAmZeBull Twitter (Dec 31)
@0xAdvocatus Twitter (Dec 31)
@CyphrGM Twitter (Dec 31)
@ivolxbt Twitter (Dec 31)
@LanaCoin_Ai Twitter (Dec 31)
@madmixnum Twitter (Dec 31)
OKX fires back at Tron’s Justin Sun over mysterious ‘freeze notice’ - CoinTelegraph (Dec 31)
Tron says DAO X hack cost victims $45K, Curve Finance also hit - CoinTelegraph (Dec 31)
 t.me/QuadrigaInitiative
|
 /r/QuadrigaInitiative
|
 @QuadrigaInit
|
 info@quadrigainitiative.com
|