
Microsoft's X Account Hijacked for Cryptocurrency Fraud: A Wake-Up Call for Social Media Security
In October 2026, threat actors compromised Microsoft's official X account, which has over 13 million followers, to execute a cryptocurrency pump-and-dump scheme promoting a fraudulent $Clippy token. The attackers hijacked the account to follow and repost content from impersonation accounts claiming the token had liquidity paired with Microsoft stock. Microsoft confirmed the unauthorized access, removed the malicious posts, secured the account, and disavowed any connection to cryptocurrency projects while threatening legal action against the perpetrators. This incident highlights the escalating trend of social media account takeovers targeting high-profile organizations for cryptocurrency fraud, following similar attacks on Microsoft India's account and the SEC's official X account that manipulated Bitcoin prices.
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