“Crypto-heist or Publicity Stunt? 🤔 CoinSwitch X Hacked, Funds Unharmed! 💸

Hold onto your hats, folks! CoinSwitch X, the Indian cryptocurrency exchange’s Twitter account, got a makeover courtesy of some mysterious hackers. They decided to launch a *scammy* native token, $SWITCH, on the Solana blockchain. Quite the digital artistry, don’t you think? 🎭

No worries, though! CEO Ashish Singhal, the superhero of this tale, swooped in and ensured everyone that user funds were as safe as can be. The hackers’ post was deleted, and the account was swiftly regained. But, uh, let’s just pretend that whole “native token” thing never happened, alright? 🙅‍♀️

Our X (formerly Twitter) account (@CoinSwitch) has been compromised… The rumor of a native token from CoinSwitch is false…

— Ashish Singhal (@ashish343) February 12, 2025

Apparently, there are now 184 “lucky” holders of this *scam-tastic* $SWITCH memecoin, with a market cap of $4659. Oh, and five more $SWITCH memecoins have magically appeared! But fear not, dear users, for Singhal has clarified that CoinSwitch has no official connection to these coins. 😜

So, there you have it! CoinSwitch X: hacked, (un)officially launching memecoins, and back to normal in a blink of an eye. Just another day in the wild world of crypto! 🤪

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2025-02-12 10:28