Automation app IFTTT blamed for recent ‘$Packy’ token scam on X

cyptouser8 months agoCryptocurrencies News196
25cc9d4a>

A third-party auto-posting service — known as IFTTT (If This Then That) — has been blamed for a new flood of scam posts on X, which encouraged potential victims to send Solana (SOL) to a wallet address for a meme token called “$PACKY.”

On March 21, the X accounts of crypto influencers such as a16z adviser Packy McCormick, Coinbase product director Scott Shapiro, Twitch co-founder Justin Kan, and others had their accounts co-piloted by scammers promoting the spurious token.

McCormick said “This is not me. Account hacked. Working to get it fixed. Don’t click any links from me or (obviously) send money to a random address.”

This followed a malicious post on the account stating, “I’ve created my own memecoin PACKY with big marketing plans and CEX listings," followed by a Solana wallet address.

Source: Packy McCormick

Shortly after, McCormick said: “Looks like the hacker got in through IFTTT (If This Then That), which I gave access to Twitter like a decade ago,” before adding that it should be fixed now and reminding X users to revoke connected apps.

IFTTT is a web-based service launched in 2011 that allows users to create automated workflows between different internet-based applications and services.

Blockchain sleuth ZachXBT came to the same conclusion, noting after sharing a similar from the X account of Twitch co-founder Justin Kan who later confirmed, “Looks like I was hacked, don’t buy any shitcoins pls.”

Coinbase product director Scott Shapiro was also hacked with a malicious message claiming that he had collaborated with CEO Brian Armstrong to launch the PACKY token.

Shapiro cautioned over connecting older third-party apps:

“Is there anything that says Web 2.0 more than this list of connected apps? Frightening how many decade-old auth tokens are among these graveyards. **Revoke All**”
Source: Scott Shapiro

Related: Scammers steal nearly $1M after hijacking 8+ prominent Crypto Twitter accounts

The hacker had also infiltrated the X accounts of the co-founder of Web3 explorer app Rainbow, Mike Demarais, founder and CEO of Asymmetric Finance Joe McCann, and digital pop artist Bryan Brinkman.

Brinkman apologized for the scam posts confirming that his IFTTT account was breached, which had his X linked as a connected app.

“If you sent money to that scam address please reach out to me, and I will figure out a way to make it right. The lesson I learned here was even with 2FA and Yubikey, there's always vulnerabilities, stay safe,” he added.

Cointelegraph reached out to IFTTT for comment but did not receive an immediate response. 

X has been a hotbed of illicit activity, scams, and hacking. Even the SEC’s official account was compromised the day before the regulator approved spot Bitcoin ETFs in January.

Magazine: Why boomers ‘like’ AI pics on Facebook, mind-reading AI breakthrough: AI Eye

The content on this website comes from the Internet. Due to the inconvenience of proofreading the authenticity and accuracy of the copyright or content of some content, it may be temporarily impossible to confirm the authenticity and accuracy of the copyright or content. For copyright issues or other issues caused by this, please Call or email this site. It will be deleted or changed immediately after verification.

related articles

Do users really care about decentralization? Industry figures clash

Do users really care about decentralization? Industry figures clash

55966e89˃Ethereum researcher Dankrad Feist, known for his contributions to the concept of Dankshardi...

Crypto fund inflows hit $2B in May led by BTC — CoinShares

Crypto fund inflows hit $2B in May led by BTC — CoinShares

55966e89˃Digital asset funds experienced a fourth consecutive week of inflows, according to the late...

Elon Musk teases next-gen AI chatbot Grok-1.5 with superior coding and math skills

Elon Musk teases next-gen AI chatbot Grok-1.5 with superior coding and math skills

Elon Musk announced that an upgraded iteration of his artificial intelligence firm xAI’s chatbot Gro...

South Korean police catch $4.1M crypto scam duo

25cc9d4a˃South Korean police have caught a pair of fraudsters who stole 5.5 billion won ($4.1 millio...

Marathon’s BTC mining is heating an entire town in Finland

Marathon’s BTC mining is heating an entire town in Finland

55966e89˃Bitcoin mining is warming an entire town in Finland thanks to a new project by the world’s...

Bitcoin sheds $50 billion in market capitalization after fake SEC ETF approval rattles market

Bitcoin’s (BTC) market capitalization dropped by around $50 billion during the last 24 hours after a...