Latoken, a Russian-based crypto exchange, has had its Twitter account breached by a hacker. This hacker started posting many allegations claiming that the exchange is a scam. Based on the posts, the exchange has started promoting “scam IEOs” and misleading its users.
The Latoken Twitter account began publishing accusations of scams and mistreatment of workers. In that context, the profile picture of the account was also altered into a scam warning image, while the Twitter page’s bio was edited to “LATOKEN is the leading SCAM platform!”
The hacker insists that this exchange treats employees unfairly and it also fires its workers for no reason. He also accused Latoken exchange of deliberately aiming to ‘scam money out of projects’ and promising 100%-500% growth without delivering results. Furthermore, the hacker also called the founder of Latoken, Valentin Preobrazhensky, a “liar” and a “face seller.”
Besides Latoken, the official Twitter of LADEX, the firm’s decentralized exchange project was also compromised. This hacker also posted a video of an online meeting that showed the Latoken CEO screaming curses at someone in the call.
The hacker also mentioned Trust Pilot’s review on Latoken that is just two out of five stars. Nonetheless, a warning message published on Trust Pilot states that the site detected some form of misuse on the exchange’s page, saying that it has detected several fake reviews.
Buy Crypto NowWhile responding to that incident, the Latoken Telegram account published an update telling its clients about the hack. The crypto exchange said that it is sure the accusations are an act of a “disgruntled employee” and its team is in touch with Twitter support to resolve the issue.
Many crypto YouTube accounts have encountered several hacks in recent weeks. Hackers even posted videos that instructed the viewers to send money to the hacker’s wallet using accounts of famous individuals including Ivan on Tech, Box Mining, BitBoy Crypto, and Floyd Mayweather Jr. Luckily, a majority of the account owners detected and removed these videos in minutes.
In 2020, a similar hack managed to compromise the Twitter accounts of prominent people. For instance, the accounts of Bill Gates, Kanye West, Elon Musk, and many others were hacked by a Bitcoin thief. The thief published posts alleging to double any crypto amount sent to a specific address. Several people fell for that trick.