Crypto Scam Hits South African Parliament

South African Parliament’s Social Media Accounts Hacked to Promote Fake Crypto

• Hackers breached South African Parliament’s social media accounts on March 15.
• The affected platforms included X, Facebook, and YouTube.
• A fake Solana-based cryptocurrency was promoted using these accounts.
• The fake token was named after President Cyril Ramaphosa.
• The fraudulent token was created just 24 hours before the breach.

On March 15, hackers accessed the South African Parliament’s social media accounts to promote a Solana-based cryptocurrency falsely associated with President Cyril Ramaphosa. The fraudulent token appeared only a day before the breach occurred.