What happened?
The Vancouver Canucks announced that their official X (formerly Twitter) account was hacked. The hackers posted a fake promotion for a meme coin called $Canucks and even used a deepfake video of Elon Musk to promise a crypto giveaway. The team urged fans to ignore any recent posts and stated they are working with the NHL and the platform to resolve the issue.
Who does this affect?
This incident affects the Vancouver Canucks, their fans, and followers on social media who may have been exposed to the fraudulent cryptocurrency promotion. It also impacts the NHL, as they are involved in resolving the breach. Additionally, it serves as a warning to other sports teams and public figures about the potential risks of social media hacks.
Why does this matter?
This hacking incident highlights vulnerabilities in social media accounts, especially high-profile ones, and the potential dangers of crypto scams. Such breaches can damage a brand’s reputation and erode trust among fans and followers. For the market, it underscores the need for better security measures and awareness of potential scams involving cryptocurrencies and digital assets.