Concerning the compromise of CEO Staci Warden’s X account, the Algorand Foundation issued a statement on X (previously Twitter) informing the community not to interact with direct messages or click on links.
A post on January 26 from Warden’s X account accused the Algorand community of poverty while employing a widely recognized racial epithet, suggesting that the account is under the control of an unauthorized individual. Subsequently, the programmer advocated for the community to abandon Algorand in favor of Ether.
The assailant then shared a satirical account of how Tron founder Justin Sun would elevate Algorand to “new heights” in the wake of the post. As per the hacker’s assertion, all required was to grant Sun “complete authority” over Algorand and permit him to reissue any tokens in True USD (TUSD). “Hacker” composed:
“Of course, I accepted this offer immediately. Soon, Algorand will be pegged to VERY REAL USD and a new era of digital commerce will commence.”
In addition to making satirical claims, the hacker claimed Sun’s initiatives would be accountable for the subsequent “major financial collapse in crypto.”
In addition to these actions, the intruder modified Warden’s profile bio and uploaded music to the account, alleging that the CEO defrauded the community of six figures and led them to believe it was a scam.
The intruder altered Warden’s biography to indicate that he is presently a “semi-professional pole dancer” and has departed from Algorand Foundation.
Evidently amused by the hacker’s misbehavior, certain community members replied to the post concerning Sun. One response to the post suggested that Algorand should consider employing the exploiter, while another advocated for Algorand to allow the exploiter to “keep the account.”
Meanwhile, other community members utilized this occasion to level insults at Warden. According to crypto detective ZachXBT‘s post, the intruder would make an “improper CEO” for the Algorand Foundation.
According to another X user, Warden is qualified for the internship position at the United States Securities and Exchange Commission, whose X account was compromised on January 9.
