Crypto scammers hack UK minister’s X account

Crypto scammers on Tuesday hacked the X account of a British minister, Lucy Powell, to promote a fraudulent “House of Commons” cryptocurrency. A spokesman for the minister said his principal's personal X account was hacked on Tuesday morning. “Steps were taken quickly to secure the account and remove misleading posts,” he added. The spokesman said the verified account, followed by nearly 70,000 people, was used early Tuesday to spread a series of messages promoting the “House of Commons Coin” cryptocurrency, allegedly linked to the lower house of the British parliament. According to him, the scammers attempted to inflate the value of a crypto coin before selling it to secure a profit, crashing its value in the process. This is not the first time that cybercriminals have impersonated public figures, notably by taking control of their social media accounts to promote fraudulent crypto projects. DAILY POST reports that Ghanaian President John Mahama’s X account was hacked last month for 48 hours and posted messages supporting the digital currency “Solana Africa”, a scam falsely claiming to be run by the head of state.