Hackers introduce Saudi Crown Prince to promote fake ‘officials’ memecoins
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Hackers controlled the Saudi Law Conference’s social-media account at X, using it to introduce Crown Prince Mohammed Bin Salman and promote deceptive cryptocurrencies.
In a series of posts that are now deleted, scammers used the name and image of the Crown Prince, which served as Prime Minister of Saudi Arabia, to establish a “official Saudi Arabia Memecoin” as well as a “Falcon Memecoin. “ Posts are accompanied by contract addresses to identify tokens.
It should be clear. But just in case this is not: Saudingkconf Twitter is that -hack and that -repurposed, as confirmed in their Insta.
There is no official Saudi coin. pic.twitter.com/l8jdfiziuu
– Barry (@badlydrawnbarry) February 17, 2025
The conference, a major legal event in the country, confirmed to LinkedIn That the official X account has compromised and advised users that any “content published by account does not represent our views or official positions in any way.”
“We confirm that we are immediately working to recover the control of the account and deny all the responsibility for any unauthorized posts made during this time. We also apologize to our followers for any inconvenience that may cause this and urges everyone to be careful and prevent it from engaging in any weakening content posted by account to further notice, “the Saudi Law Conference wrote.
The incident came amid controversy surrounding Argentine president Javier Milei in a post promoting a memecoin called Libra and Its subsequent removal.
Denuch: Statements from the Saudi Law Conference for this article have been translated into the use of artificial intelligence.