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news-imageMarch 16, 2025

Kaito AI reports X account hacks, attackers spread FUD after opening short positions

Hackers took control of Kaito AI's official account and its founder, Yu Hu's account. Both accounts were then used to spread false information.
Publisher: Cryptopolitan
Sentiment: Negative
KAITO

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Kaito AI and founder Yu Hu's X social media accounts hacked

Kaito AI, an artificial intelligence-powered platform that aggregates crypto data to provide market analysis for users, and its founder Yu Hu, were the victims of an X social media hack on March 15.In several now-deleted posts, hackers claimed that the Kaito wallets were compromised and advised users that their funds were not safe. According to DeFi Warhol, the hackers opened up a short position on KAITO tokens before posting the messages in the hopes that users would sell or pull their funds, which would have crashed the price and created profits for the threat actors.

Positive
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KAITO Coin Make 22% Surge, Heading To $2.5?

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