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Home CRYPTO

Pump.fun’s X Account Hacked: Fraudulent ‘$PUMP’ Token Runs to Millions in Market Cap

Michael Juanico by Michael Juanico
February 26, 2025
in CRYPTO, FINANCE, MEMECOINS
Reading Time: 3 mins read
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  • Hackers took over Pump.fun’s X account, promoting a fake governance token called “$PUMP.”
  • The team confirmed the breach, warning users not to interact with the fraudulent contract address.
  • ZachXBT linked the hack to prior attacks on Jupiter DAO and DogWifCoin, suggesting possible social engineering at X.

Pump.fun’s official X (formerly Twitter) account was hijacked today, with hackers using it to promote a fraudulent governance token called “$PUMP.”

ICYMI: PumpDotFun X was hacked and promoted a scam Solana memecoin $PUMP

Running to $15 million in market cap in minutes

The token is now down 99% with the creator making multiple 6 figures 👀 pic.twitter.com/LtnS2E5HBZ

— BlockNews (@blocknewsdotcom) February 26, 2025

The attackers pinned a tweet, claiming $PUMP was the “OFFICIAL” governance token and promising rewards for “OG DEGENS.” They even shared a contract address, attempting to lure in unsuspecting traders.

Crypto Community Calls Out the Scam—Tweet Gets Deleted

It didn’t take long for crypto users to flag the post as suspicious. The fake token announcement, along with its contract address, was quickly removed from the platform.

  • Pump.fun confirmed the breach, warning users not to engage with the fraudulent token.
  • The team is working to regain control of their X account and investigate the incident.
  • Users were urged to avoid interacting with the contract address while security measures are being reinforced.

we've regained access to this account. Based on current information, the extent of the compromise was limited to this X account.

TL:DR: the security protocols taken by the team to secure the X account were thorough, relied on industry best-practices, and focused on minimizing…

— pump.fun (@pumpdotfun) February 26, 2025

ZachXBT Traces Hack to Prior Attacks on Jupiter DAO & DogWifCoin

Blockchain sleuth ZachXBT uncovered on-chain evidence linking this hack to previous attacks on Jupiter DAO and DogWifCoin’s accounts.

  • He suspects the attackers are using social engineering, possibly tricking X employees with fake documents or exploiting internal admin panels.
  • This may not be the fault of Pump.fun or Jupiter DAO teams, but rather a broader security vulnerability at X itself.
  • The pattern suggests a coordinated effort, targeting crypto-related accounts with growing influence.

For now, Pump.fun is scrambling to lock things down, but this latest breach raises serious concerns about security on X—especially for crypto projects.

Disclaimer: BlockNews provides independent reporting on crypto, blockchain, and digital finance. All content is for informational purposes only and does not constitute financial advice. Readers should do their own research before making investment decisions. Some articles may use AI tools to assist in drafting, but every piece is reviewed and edited by our editorial team of experienced crypto writers and analysts before publication.
Tags: $PUMPcryptoPump.FunZachXBT
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Michael Juanico

Michael Juanico

Michael is a BSBA Management graduate from Mindanao State University and has been a professional content writer since 2019. He began exploring cryptocurrency in 2021 and has since made blockchain and digital assets his primary focus. For nearly four years, Michael has contributed research and editorial content at Aiur Labs and BlockNews, producing clear and accessible coverage of market trends, trading strategies, and project developments. He is transparent about his personal holdings in Bitcoin, TRON, and select meme tokens, combining writing expertise with hands-on market experience to deliver trustworthy insights to readers.

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