Vitalik Buterin, co-founder of Ethereum (ETH) had his X (formerly Twitter) account compromised, which, according to social media reports, resulted in victims losing over $691,000 through malicious links.

In a Sept. 9 post on X, Dmitry Buterin, the father of Vitalik Buterin, announced that his son’s account has been compromised:

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

The post he was referring to has since been deleted. The post was published on Buterin’s account claiming to celebrate the arrival of “Proto-Danksharding on Ethereum.”

The hacker shared a malicious link to an alleged free commemorative non-fungible token (NFT) available, enticing victims to connect their wallets, before ultimately stealing all their funds.

WARNING! I JUST LOST A FEW PUNKS!

DON’T INTERACT! pic.twitter.com/lS4VvlHdVa

— chiefeditor.eth@encyclopediagalactica.eth ohgod.et (@BokkyPooBah) September 9, 2023

Consequently, this incident has led a user on platform X to claim they’ve suffered losses to their CryptoPunk NFT collection. 

At the time of publication, the prevailing minimum price for a CryptoPunk NFT stands at 46.99 Ether, which is approximately equivalent to $76,837.

Related: Blockchain Capital’s X account hacked to promote token claim scam

Blockchain investigator ZachXBT has been actively informing his 438,200 followers about the hacker’s activities, which have led to the illicit draining of $691,000 from Buterin’s followers through the malicious link.

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Author: Ciaran Lyons

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