Hackers Impersonate Prince Promote Memecoins

Hackers Exploit Saudi Law Conference’s Account to Promote Fake Memecoins

• The Saudi Law Conference’s social-media account on X was hacked.
• Hackers impersonated Crown Prince Mohammed bin Salman to promote fraudulent cryptocurrencies.
• Scammers advertised an “Official Saudi Arabia Memecoin” and a “FALCON Memecoin.”
• The posts included contract addresses for the fake tokens.
• The conference confirmed the hack on LinkedIn and is working to regain control.

Hackers took over the Saudi Law Conference’s X account, using it to falsely promote cryptocurrencies by impersonating Crown Prince Mohammed bin Salman. The conference has acknowledged the breach and is actively working to resolve it.