Crypto scammers hijack Microsoft’s official X account to push a fake Clippy token

0Importance
closedStatus
3News media
Published

Microsoft’s official X account was used to promote a fake Clippy token on Oct. 1. The account, which has more than 13 million followers, was later secured and the unauthorized posts were removed. The incident put a corporate social account with a large audience at the center of a token promotion.

Key claims & sources

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Microsoft’s official X account was used to promote a fake Clippy token.
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The account has more than 13 million followers.

What it means

People who follow Microsoft’s X account were the ones most directly exposed, because the account was used to push a fake Clippy token to its more than 13 million followers. Anyone monitoring major corporate social accounts would notice that a large, verified-style audience was reached by a token promotion tied to Microsoft’s account.

Before the compromise was cleaned up, the account was posting material it was not supposed to post; afterward, the unauthorized posts were removed and the account was secured. What did not change is that the event still shows a corporate social account can be used to distribute a token promotion to a large audience for a period of time. (per cryptobriefing.com)

Market reaction i

Total crypto marketall crypto assets combined no single asset in the event: read against the whole market

The total crypto market fell 1.1% in the 4 hours after the first headline, after a flat 2 hours before.

$3.0T market cap at the headline
0.0% 2 h before
-1.1% 4 h after
-2.2% 12 h after
First headline

47 prices, one every 30 minutes

Coverage timeline

Every piece in order, with the time its news medium declares — if it is not believable we use ours and say so — and what it added to what was already known at that point. Arriving first is not the same as adding something.

first
Oct 2 11:57
+21 h 28 m
Oct 3 09:25
crypto.news context
Its angle: unauthorized, promotional, unofficial; with quotes
+1 d 18 h
Oct 4 06:38
U.Today context
Its angle: cryptocurrency, fraudulent, attackers

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