ZKsync X hacker posts false SEC probe in apparent effort to crash token
The X accounts of Ethereum layer 2 network ZKsync and developer Matter Labs were compromised on May 13. Hackers posted false claims that ZKsync was under investigation by US authorities and shared links to a phishing scam involving a fake airdrop. Matter Labs confirmed the accounts were hacked and warned users not to interact with them. The fake statement aimed to manipulate the price of ZKsync's token, which fell approximately 2% during the breach. ZKsync's token, ZK, decreased by 6.4% over the day, following a significant rally. Matter Labs is investigating the breach, suspecting it involved compromised delegated accounts. This incident marks the second hack of ZKsync platforms in two months, following an April breach where an attacker minted 111 million unclaimed ZK tokens. The attacker returned 90% of the stolen tokens, keeping 10% as a bounty.