Jupiter has suffered yet another setback as its official X (formerly Twitter) account was hacked. The Jupiter DAO announced this and warned users against doing anything that would compromise their wallets.
This is not the first issue with the Jupiter exchange, prompting talks about a total boycott of the exchange.
Several users have started complaining about falling prey to a memecoin scam posted on the X (formerly Twitter Account). Yet, the hacker’s relentless pursuit remains.
Jupiter’s Previous Airdrop Account Exploit
About a year ago, the Jupiter (JUP) token airdrop on the Solana-based Jupiter exchange faced a security breach.
An individual bypassed the protections and gathered 1.85 million JUP tokens, worth about $1 million, by exploiting over 9,000 wallets.
Some believe that insider information might have helped this person unfairly obtain a large number of tokens.
Although Jupiter reallocated 1,000+ airdrops for over 10,000 community members who had their wallets drained, this recent exploit puts a stain on their prestigious pedigree.
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