Pump.fun Hack: Crypto Platform Targeted by Phishing Campaign for Fake Governance Token

A recent security breach on the official Pump.fun X account has brought attention to a new wave of cryptocurrency platform attacks. Hackers exploited the social media presence, disseminating misleading information about a fraudulent governance token called ‘PUMP.’ They leveraged the compromised account to entice users with false promises of investment opportunities while diverting their attention away from legitimate sources.