Animoca Brands denies claims of launching a Solana-based token as speculation mounts following a recent hacker attack.
In the middle the recent market euphoria And during the holidays, criminals try to rob unsuspecting crypto users of their hard-earned assets. In the most recent case, these criminals targeted followers of the well-known crypto venture capital firm Animoca Brands.
Not a Solana token
Notably, Animoca Brands has warned its followers that it is not launching an official token or NFT. The company emphasized this a Thursday, December 26th X post He disavows a now-deleted pinned post by his chairman Yat Siu.
The deleted post claimed that Animoca Brands had collaborated with Pump.fun to launch a token with the ticker MOCA SolanaSharing a link that allows users to purchase.
However, according to Animoca Brands, this post came from a hacker who managed to compromise Yat Siu’s X account. The company said it would release an update after the account was restored.
The exploit comes amid recent excitement surrounding Moca Network, which also uses the MOCA ticker. Moca Network is a decentralized interoperable ecosystem built on Layer Zero and powered by Animoca Brands. In the last seven days, MOCA, the native token of this ecosystem, has increased by 142%.
A phishing attack
While Animoca Brands has yet to provide any information about how Siu suffered from the hack, prominent crypto detective ZachXBT argued that the company’s co-founder was likely the victim of a phishing email scam from a hacker who stole about $500,000 from 15 others last month…
