The X accounts of AI-powered crypto research firm Kaito and its founder, Yu Hu, were hacked to spread false reports about token supply issues. The attackers posted misleading information, sparking confusion within the community. Kaito has since regained control and warned followers to verify information from official sources.
This incident underscores the ongoing risks of social media hacks in the crypto space, where misinformation can fuel market volatility—because sometimes, even the experts get phished.