$Clippy Scam Exposed: Microsoft X Account Hacked for Crypto Pump-and-Dump
A Microsoft X account with over 13 million followers was compromised by unknown attackers in what appeared to be a pump-and-dump scheme. The incident began when the account started following and reposting tweets from an impersonating account, leading to the promotion of a cryptocurrency token called $Clippy.
The token claimed to have a liquidity pool paired with $MSFT, but Microsoft has since confirmed that it does not endorse any cryptocurrency and will pursue legal action against the unauthorized token and related materials.
This is not the first time a Microsoft X account has been compromised; the Microsoft India account was previously hijacked for a crypto scam involving wallet drainer malware. The incident highlights a broader trend of X accounts being targeted for cryptocurrency scams, with significant financial losses reported by victims of similar attacks.