Crypto trader GCR alleges bribe at X led to account hack
Pseudonymous
crypto
trader
GCR
revealed
that
his
X
account
was
hacked
through
a
bribe,
leading
to
an
ORDI
pump-and-dump
scheme.
On
May
26,
the
X
account
of
pseudonymous
cryptocurrency
trader
GCR
(Gigantic
Rebirth)
was
hacked,
with
attackers
allegedly
leveraging
a
bribe
to
promote
two
tokens
on
crypto
exchanges.
GCR,
a
prominent
figure
in
the
cryptocurrency
community,
alerted
his
followers
to
the
breach
via
an
X
post
on
another
account,
saying
the
bad
actors
took
control
of
his
original
account
and
used
it
to
shill
ORDI,
a
BRC-20
token
associated
with
the
Ordinals
protocol
on
the
Bitcoin
blockchain,
and
LUNA2,
a
token
aimed
to
rescue
the
Terra
Luna
ecosystem
following
the
collapse
of
the
UST
stablecoin
in
May
2022.
“Was
notified
2
months
ago
by
someone
affiliated
with
that
bribes
were
had
been
made
to
get
access
to
my
account,
and
beefed
up
security
then.
But
there
can’t
be
any
security
if
X
employees
take
money
for
admin
access.”GCR
Shortly
after
the
hacked
account
posted
about
ORDI,
the
token’s
price
on
Bybit
soared
from
$38
to
$46
before
nosediving
back
to
$40
within
minutes.
While
the
identity
of
the
hacker
remains
unclear
as
of
press
time,
blockchain
sleuth
ZachXBT
noted
on
his
X
account
that
the
hacker’s
identity
might
be
revealed
within
12-24
hours,
adding
that
the
hacker
“messed
up
and
washed
their
funds
poorly,”
making
it
possible
to
track
them
through
centralized
exchanges.
Multiple
reports
indicate
that
the
hacker
allegedly
opened
large
positions
on
various
centralized
exchanges
prior
to
GCR’s
account
hack,
potentially
revealing
their
identity.
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