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<\/p>\nThe Solana-based memecoin Launchpad Pump.fun\u2019s X account has been hacked and used to promote fake cryptocurrencies, including an \u201cofficial\u201d PUMP governance token. On-chain investigators suspect the hack is linked to other X account compromises.<\/p>\n
On Wednesday, Pump.fun\u2019s official X account was compromised, with hackers promoting different tokens during the incident. The account started to post different contract addresses (CA) for various memecoins before deleting them.<\/p>\n
The hackers initially shared the contact address of PUMP, the \u201cofficial Pump.fun governance token,\u201d stating that \u201cdemocracy has never been this degen\u201d and that they would be rewarding their \u201cOG DEGENS.\u201d<\/p>\n
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The crypto community quickly identified the memecoin as a scam and alerted other users of the potential account compromise.<\/p>\n
Blockchain data firm Bubblemaps warned<\/a> users of the fake memecoin, explaining that PUMP was \u201cheavily bundled and will dump,\u201d as 60% of the token\u2019s supply was held in two clusters.<\/p>\n Meanwhile, Pump.fun\u2019s founder, Alon Cohen, confirmed the X hack and asked the community not to interact with it or any links shared until it was recovered.<\/p>\n According to on-chain investigator Dethective, the hackers extracted<\/a> around $600,000 from the token minutes after sharing the memecoin. The crypto sleuth explained that their strategy consisted of posting the CA of a bundled scam token and deleting it after rugging investors.<\/p>\n Besides the fake PUMP token, the malicious actor promoted OG, Extract Protocol (EXAI), and Pump.fun Hacked (HACKED), extracting around $90,000 from these memecoins. Dethective noted that some investors continue to buy the tokens after the hackers repeatedly rugged the previous ones, with the last token hitting a $1.5 million market capitalization at the top.<\/p>\n The malicious actors asked the crypto community whether they should create a \u201clegit token on Pump.fun\u201d and call it \u201cHackeddotfun.\u201d They \u201cpromised\u201d to pump the memecoin to a market capitalization of $100 million, assuring it wouldn\u2019t \u201cbe a bundle\u201d and would be launched through the platform before deleting the posts.<\/p>\n Renowned on-chain detective ZachXBT revealed the Pump.fun compromise is \u201cdirectly connected on-chain\u201d to the Jupiter DAO and DogWifcoin compromises from February 2025 and November 2024, respectively.<\/p>\n On his Telegram channel, the internet sleuth suggested that the attacks are \u201clikely not the fault of either the Pump.fun or Jupiter teams.\u201d Instead, Zach suspects a threat actor is \u201csocial engineering employees at X with fraudulent documents\/emails or a panel is being exploited.\u201d<\/p>\nPump.Fun Hack Linked To Jupiter\u2019s X Compromise?<\/h2>\n
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