MicroStrategy is a business intelligence company that supports Bitcoin and will not airdrop any crypto tokens represented by MSTR. MicroStrategy’s X account was reportedly hacked by a notorious scammer in the early hours of Monday, February 26th. The account, which has more than 196,000 followers, found itself flooded with posts showing links that people could click and register for an airdrop of the “so-called official” Ethereum-based MSTR token. The abbreviation MSTR stands for MicroStrategy in the stock market space. Micheal Saylor, the platform’s founder and CEO, has not yet responded to the incident.

Malicious links posted through compromised MicroStrategy X accounts redirected clickers to a fake website, prompting them to connect their wallets and claim fake MSTR tokens. An unknown number of people interacted with the links in the hours before the hack was detected.

Market analysts such as Scam Sniffer and ZachXBT estimate that the scam has successfully stolen around $440,000 (approximately Rs 3.6 crore). The exact amount of money stolen is currently unknown.

according to a CoinTelegraph reports, the wallet address associated with the scam belongs to the notorious hacker group PinkDrainer. We are still waiting for MicroStrategy’s official response to the incident. An investigation into the case is likely to take place, but it remains to be seen whether the stolen funds can be recovered.

Time and again, crypto industry experts have urged community members to be extremely cautious before interacting with suspicious links and random airdrops. Most MicroStrategy followers know that the company is leaning toward Bitcoin, so the company’s airdrop of an Ethereum-based token should be considered suspicious.

According to a recent peco shield The report shows that although the number of cryptocurrency hacking attacks fell by 27.78% in 2023 against the backdrop of the gradual deployment of rules and regulations, more than 600 cryptocurrency hacking attacks occurred in 2023, resulting in losses of US$2.61 billion (approximately 216.96 billion US dollars). Rs.).