Microsoft’s X Account Compromised to Promote Unauthorized Clippy Meme Coin
- Microsoft confirmed its official X account was hijacked on Thursday, leading to unauthorized promotions of a Clippy-themed meme coin.
- The unauthorized posts included changing the profile picture to Clippy and following an account promoting the token.
- Microsoft plans legal action against the use of its intellectual property in promoting this token, which falsely claims ties to Microsoft shares.
- The token, trading as CLIPPY, has liquidity pools allegedly worth over $200,000, though links to actual Microsoft shares are unverified.
- This incident follows similar hacks of high-profile accounts, including Robinhood CEO Vlad Tenev’s X account in July.
Microsoft’s X account breach highlights ongoing risks in social media security where attackers exploit platforms to promote fraudulent tokens. The company is actively working to remove unauthorized content and prevent future incidents.
Microsoft’s swift response underscores the importance of securing digital assets and maintaining trust by pursuing legal measures against misuse of its brand. (Source)
