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Vitalik Buterin’s X account hacked, resulting in a $691K loss for wallet owners.

Ethereum co-founder Vitalik Buterin’s X (formerly Twitter) account has reportedly been compromised.

The incident, as revealed by blockchain investigator ZachXBT,

has resulted in victims losing a combined total of over $691,000 after falling prey to a malicious link.

On September 9, in a post on X, Dmitry Buterin, Vitalik’s father,

confirmed the security breach of his son’s account.

“Disregard this post, apparently Vitalik has been hacked. He is working on restoring access.”

Vitalik Buterin’s recent account breach involved the deletion of a post that initially celebrated the introduction of “Proto-Danksharding” to Ethereum.

The hacker exploited this opportunity by sharing a deceptive link for a supposed free commemorative non-fungible token (NFT),

tricking victims into connecting their wallets and subsequently draining their funds.

As a result of this security breach, prominent Ethereum developer Bok Khoo,

also known as Bokky Poobah on X, reported losses in his CryptoPunk NFT collection.

As of the current date, the floor price for a CryptoPunk non-fungible token (NFT) is 46.99 Ether,

which is roughly valued at $76,837.

ZachXBT Updates Followers on NFT Theft and Allegations Against Vitalik Buterin’s Account Security

ZachXBT, with a following of 438,200 users, has been actively updating his followers regarding the activities of the hacker.

He recently disclosed that the most valuable NFT stolen thus far is CryptoPunk #3983,

valued at 153.62 ETH, which is approximately $250,543.

A user on X, going by the name Satoshi 767, suggested that Vitalik Buterin may not have implemented adequate security measures for his X account and should take responsibility for compensating the affected individuals.

This user implied that Buterin’s oversight may have contributed to the attack.

The only way this isn’t negligence on Vitalik part is if someone at X internally compromised the account, or if he was coerced in person by a criminal who threatened violence. I highly doubt that’s what happened. Most likely, this was a SIM swap.

In response to these allegations, ZachXBT countered by stating that Buterin’s high profile makes him a target for various hacking methods.

He pointed out that it is still unknown whether it was a SIM swap or if an insider or panel was involved in the breach.

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