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Promote with Leviathan NewsThe Cardano Foundation’s official X (formerly Twitter) account, @Cardano_CF, was compromised by attackers, who used the hijacked profile to promote a fraudulent token and spread false statements about the project and its native cryptocurrency ADA. Initial posts advertised a fake token called ADAsol/ADASOL, presented as a new opportunity tied to Cardano and Solana, and directed users to malicious links in an apparent attempt to steal funds. Before the scam was widely flagged and deleted, the bogus token attracted significant speculative trading volume, after which its price collapsed once traders realized it was illegitimate. After removing the token-promotion posts, the attackers shifted to disinformation, publishing messages that falsely claimed the Cardano Foundation would halt support for ADA, halt withdrawals, burn tokens, or that the U.S. Securities and Exchange Commission (SEC) had filed a lawsuit forcing Cardano to discontinue ADA. These claims were quickly debunked by Cardano community channels and by the official Cardano account, which confirmed that the Foundation’s X account had been hacked and urged users to ignore any posts from it while the issue was being resolved. No impact was reported on the Cardano blockchain or core infrastructure; the incident was confined to the compromised social media account. The episode highlights ongoing risks around social media account security in crypto, where attackers increasingly use verified or official profiles to add credibility to phishing, fake token launches, and market-moving false news.
AI-generated background, compiled from web sources — not editorial content.
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