Hackers have allegedly breached the X account of Vivek Ramaswamy, co-lead of the newly established Department of Government Efficiency (DOGE), using the platform to spread misleading claims of a partnership with the stablecoin project, Usual.
In a now-deleted post, Ramaswamy’s account announced a collaboration between DOGE and Usual to utilize cryptocurrency initiatives to reduce the federal fiscal deficit. The post outlined plans to “promote fiscal responsibility and foster financial inclusion,” which garnered significant attention before being discredited.
I just spoke with Vivek. He has been hacked. He is locked out of his account. This is a scam.
— James Fishback (@j_fishback) December 20, 2024
“Ramaswamy is locked out of his account. This is a scam.”
This follows a recent cyberattack on hip-hop icon Drake’s X account, which has raised further concerns about the rising trend of celebrity account hacks. Hackers took advantage of Drake’s substantial social media following to promote a fraudulent meme coin based on Solana called $ANITA.
This token was named after Drake’s “Anita Max Wynn Tour” and was falsely marketed as a collaboration with Stake, the cryptocurrency betting platform he partnered with in 2022. Posts leveraging Drake’s brand and credibility generated significant buzz among his 39 million followers before the scam was uncovered.
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