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ETH Hackers hijacked SpaceX and Starlink accounts to promote memin, making more than US$135,000
A hacker hijacked SpaceX and Starlink's X accounts to promote a memin, and stole more than US$135,000. The accounts were used to promote a Robinhood-based token whose market value soared to $2 million before quickly plummeting to almost zero.
SpaceX and Starlink were attacked
Screenshots circulated on social media show that both accounts forwarded the content of the token account, and the post contained Sam Altman (SCATMAN) memin with tags claiming to be related to SpaceX. On-chain data shows that hackers created 10 trillion tokens and sold all of their positions shortly after the post was posted, exchanging them for 59 Ethereum (ETH) pieces worth approximately US$108,000.
According to Lookonchain analysis, another wallet associated with the attacker sold another 59.28 million SCATMAN tokens in exchange for 14.7 ETH (approximately US$27,000), resulting in a total profit of approximately US$135,000. The on-chain analysis platform also identified two addresses used by hackers.
According to data from GeckoTerminal, SCATMAN's market value once soared to more than US$2 million, and was immediately sold off in a "carpet" manner. At the same time, both companies have deleted fake posts and regained control of accounts.
Carpet-pulling scams are still common in the encryption field
Hijackings of well-known social media accounts are common in the crypto field, and many of them are used to hype and sell low-market cryptocurrencies. For example, Scroll co-founder Ye Chen's X account was hijacked in January 2026. The attacker pretended to be a platform worker, sent phishing messages about copyright infringement, and tricked encryption industry leaders into clicking malicious links.
A few months later, Pepe founder Matt Furie's account was used to promote a fraudulent token. Almost at the same time, WinRAR's official account was also breached and a fake Solana memin was pushed to its fans. The most high-profile breach occurred in May, when the dormant account of Keith Gill, known as "Roaring Kitty", was breached. In this incident, hackers launched Red Kitten Crew (RKC) on Solana and stole more than $600,000 in half an hour.
Each incident follows a pattern that has occurred many times in the crypto world: influencers create popularity, developers cash out, and retail investors can only bear losses.
