ZachXBT

The X account associated with American rapper Nelly has allegedly been hacked. 
According to blockchain investigator <a href="https://t.me/investigations/47" target="_blank">ZachXBT</a>, the attacker used the musician’s profile to launch social engineering attacks and lure people to a crypto-phishing site. 
The attacker also changed Nelly’s profile, posing as a security analyst for Scam Sniffer, a web security solution. 
<blockquote class="wp-block-quote"> 
 “On-chain security analyst. Helping you catch scammers @realscamsniffer.” <cite>Nelly’s account bio</cite>
</blockquote> 
ZachXBT&nbsp;cited&nbsp;two messages sent by the scammer to people in which he tried to claim that they were investigating the compromise of wallet confirmation on recipient addresses. This was also an attempt to steal funds by tricking users into signing malicious transactions. 
Scam Sniffer&nbsp;on X confirmed the ZachXBT report: 
<figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter">
 <div class="wp-block-embed__wrapper"> 
 <blockquote class="twitter-tweet" data-width="550" data-dnt="true">
 <a href="https://twitter.com/NellioETH?ref_src=twsrc%5Etfw" target="_blank" rel="noopener">@NellioETH</a> is compromised and pretending to be a member of ScamSniffer. they are trying to message people in an attempt to social engineer them into using a phishing site. please always make sure you are visiting <a href="https://t.co/5EiAnyXFCg" target="_blank">https://t.co/5EiAnyXFCg</a> <a href="https://t.co/2CCgUhMCKk" target="_blank">pic.twitter.com/2CCgUhMCKk</a>— Scam Sniffer (@realScamSniffer) <a href="https://twitter.com/realScamSniffer/status/1714462920762069238?ref_src=twsrc%5Etfw" target="_blank" rel="noopener">October 18, 2023</a>
 </blockquote>
 <script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script> 
 </div>
</figure> 
However, at the time of writing, the account in X @NellioETH doesn’t exist. Presumably, the profile was blocked due to scam attempts. 
<figure class="wp-block-image size-large">
 <img decoding="async" loading="lazy" width="1024" height="743" src="https://crypto.news/app/uploads/2023/10/Screenshot-2023-10-18-at-15.43.59-1024x743.png" alt="Account tied to rapper Nelly compromised, used for crypto phishing scam - 18" class="wp-image-14205734">
 <figcaption class="wp-element-caption">
 Source: <a href="https://twitter.com/NellioETH" target="_blank" rel="noopener">NellioETH</a>
 </figcaption>
</figure> 
Meanwhile, the total value of cryptocurrencies stolen by hackers since the beginning of 2023 has exceeded $1.15b, according to calculations by <a href="https://twitter.com/peckshieldalert/status/1708166544419897524?" target="_blank" rel="noopener">PeckShield</a>. In September of this year alone, losses from 22 hacks of crypto projects amounted to $355.91m – almost a third of all losses. 
At the same time, last year the crypto industry lost more than $3.77b due to 303 hacker attacks. 
 You might also like: <a href="https://crypto.news/new-research-reveals-the-most-common-crypto-scams-in-2023/"> New research reveals the most common crypto scams in 2023 </a>

Account tied to rapper Nelly compromised, used for crypto phishing scam

crypto.news

Other articles published on Oct 18, 2023

Ripple (XRP) Price Analysis: Will the Price Reach These Levels in a Few Days?

Declining Trust in Cryptocurrency Assets in Hong Kong

Life Beyond developer raises $3.5m for Bitcoin-based ecosystem

24 Crypto, 16 Oct: Market Frenzy: Fake ETF News Sparks Crypto Surge

Digital Nomads and Bitcoin Casinos: Earning a Living from Anywhere in the World

Binance Futures Lists Two New Altcoins with 50x Leverage!

Join our free newsletter for daily crypto updates!