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In a current tweet, the Cardano Foundation said that it had reestablished management of its official X (beforehand Twitter) account following an unauthorized entry incident.
In a press release shared by way of X, the Cardano Foundation addressed the matter and reassured its neighborhood concerning the steps being taken to mitigate future dangers. The inspiration additionally confirmed that standard posting will now resume.
The Cardano Foundation’s X account was compromised by a malicious actor on Dec. 8. The hacker promoted a pretend “ADAsol” token and falsely claimed that the Cardano Foundation would cease supporting ADA. The hacker additionally circulated a pretend SEC lawsuit discover.
The unauthorized entry occurred between Dec. 8 at 1:00 p.m. CET and Dec. 12 at 5:00 p.m. CET. Throughout this time, the account was used to publish unfounded content material that didn’t mirror the views or endorsements of the Cardano Foundation.
In a swift response to the incident, the Cardano neighborhood issued an pressing alert informing others that the Cardano Foundation account had been compromised and there was no SEC lawsuit, no token burn and no “ADASol” bridge. Additionally, they have been knowledgeable that Cardano Foundation workforce members won’t ever DM them to ask for something.
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The Cardano Foundation workforce additionally moved rapidly to take away the rip-off posts. The ADAsol rip-off publish and the next discover concerning a possible SEC lawsuit have been eliminated as they labored to revive the compromised account.
Complete investigation underway
The Cardano Foundation assured the Cardano neighborhood that none of its different methods have been affected by this incident.
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The Cardano Foundation expressed its gratitude to those that rapidly alerted them to the problem. Particular thanks have been prolonged to the Cardano neighborhood and the broader community of contacts and friends for his or her invaluable assist throughout this difficult time.
As indicated within the tweet, a complete investigation is at the moment underway to establish the attacker(s), decide the basis explanation for the breach and implement measures to forestall future occurrences.
As regular exercise on X resumes, the Cardano Foundation, a not-for-profit Swiss group, stays dedicated to its mission of driving the adoption of Cardano and empowering the Cardano ecosystem.
