Outside Source
Vivek Ramaswamy’s account on X was hacked to falsely announce a partnership between the U.S. Department of Government Efficiency and USUAL.
The post claimed a partnership between the U.S. Department of Government Efficiency and the stablecoin issuer USUAL, stating that the collaboration would address the federal deficit using digital currencies. The tweet was quickly deleted after the breach was identified.
The fabricated announcement suggested the government would adopt stablecoins like USUAL to streamline operations and promote fiscal responsibility.
While the DOGE-USUAL partnership was entirely false, the Department of Government Efficiency remains focused on modernizing government processes and reducing inefficiencies. The department continues to prioritize upgrading outdated IT systems, which consume 80% of the federal IT budget.
Other notable X hacks
Canadian rapper Drake’s X account was hacked on December 15 to promote a fake meme coin called Anita. The token surged to $4.9 million in trading volume as followers mistakenly believed it was tied to Drake’s upcoming Anita Max Wynn tour.
On September 19, scammers hijacked Decentraland’s X account to promote a fake MANA airdrop, which was a phishing scheme targeting its 607,000 followers. They disabled comments on their posts, claiming it was to prevent the spread of “malicious links.
This article first appeared at crypto.news
