MicroStrategy's X Account Hacked, Over $440,000 Lost

Business intelligence firm MicroStrategy's X account suffered a security breach

Hackers posted malicious links to a fake Ethereum-based MSTR token airdrop

A user clicking on the link was redirected to a replica MicroStrategy webpage and prompted to connect a wallet and claim the bogus $MSTR airdrop

Upon granting permissions in their Web3 wallet, attackers could easily drain tokens from the user’s wallet

According to blockchain sleuth ZachXBT and anti-scam platform Scam Sniffer, losses from this scam have exceeded $440,000