NBA Social Media Hacked to Promote Fake Crypto
NBA Social Media Hacked to Promote Fake Crypto

NBA Social Media Hacked to Promote Fake Crypto

News summary

The NBA's official social media account on X was hacked, with perpetrators posting about a fraudulent cryptocurrency called '$NBA Coin' purportedly developed in collaboration with the Solana blockchain. The posts, which included fake press releases, claimed the digital asset was intended to enhance fan engagement and sports transactions. The NBA confirmed the hack to Front Office Sports and has since regained control of its accounts, removing the misleading content. Similarly, NBA accounts in Spain and the Cleveland Cavaliers' X account were also compromised, pushing fake cryptocurrency news. This incident follows a similar hacking event with the UFC's Instagram account in January, highlighting a broader issue of social media security across sports leagues. Investigations are ongoing to identify the hackers responsible for these breaches.

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2
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Last Updated
23 days ago
Bias Distribution
100% Right

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