Friday, May 9, 2025
HomeCryptoPirates target Kaito Ai with false allegations of portfolio compromise

Pirates target Kaito Ai with false allegations of portfolio compromise

On March 15, 2025, Kaito AI, a platform fueled by artificial intelligence for the analysis of the cryptography market, and its founder, Yu, was the victim of a hacking of social media on X (formerly Twitter). The attackers took control of the account and falsely said that Kaito AI portfolios had been compromised, warning users that their funds were in danger.

According to the engineer of the Blockchain Défi Warhol, the attackers also opened a short position on the Kaito tokens before publishing the false alerts. Their objective seemed to manipulate the price of the drop down so that they could take advantage of the artificial decline.

However, Kaito AI team quickly regained control of the compromise account and reassured users that their portfolios remained safe. The team also said that it had implemented robust security measures to prevent such incidents in the future, noting that the attack seemed similar to other recent violations targeting accounts related to cryptography.

The company wrote: “This account and @ punk9277 were just compromised. Kaito wallets were not and are not compromised. We have now found access to Twitter accounts. Please naked with us while we are investigating how it happened. We had implemented high standard security measures to prevent it – so it seems to be similar or the same with other recent Twitter account hacks. We will update as soon as possible. To repeat – Kaito token portfolios have not been compromised. »»

The increase in these cyber attacks led to an alarming increase in losses within the cryptographic ecosystem. According to a report by the Immunefi blockchain security platform, losses in February 2025 were 20 times higher in January 2025, with a sharp increase in scams targeting investors.

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