Pumpfun X Account Hack Triggers Fake Token Launch, Resulting in Significant Losses

A recent security breach affecting Pumpfun’s official Twitter account resulted in the unauthorized launch of a fraudulent token. Despite prompt confirmation by the platform that the token was fake, some individuals managed to profit from quick buy and sell actions within a minute, potentially pocketing over $100,000. This incident highlights the vulnerability inherent in social media platforms and underscores the importance of robust security protocols for cryptocurrency projects.