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The cryptonews hub > Blog > Trending News > Jupiter X Account Recovery: How Jupiter Overcame Scam Attack and Regained Control
Trending News

Jupiter X Account Recovery: How Jupiter Overcame Scam Attack and Regained Control

William
Last updated: February 6, 2025 5:14 pm
William
Published: February 6, 2025
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Jupiter X account recovery
Jupiter X account recovery

Jupiter X Account Recovery – Preventing Scammers from Promoting Fake Coins.

Jupiter, a prominent Solana-based decentralized exchange (DEX) aggregator, recently fell victim to a scam that took over their official X account. This unfortunate incident occurred on February 5, 2025, when scammers hijacked the account to promote a fraudulent meme coin. However, Jupiter swiftly regained control of its account, assuring its community that customer and treasury assets were never at risk. They emphasized that the breach was confined to their X account alone, with no other communication channels being affected.

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The attack started with suspicious activity discovered by attentive neighbourhood members. Jupiter’s staff responded quickly by sending a warning through their hijacked account, encouraging users not to click on any links or acquire tokens that were falsely pushed. The timely response served to limit the scam’s potential impact.

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Despite the compromise, Jupiter informed its users that all monies were secure in multisig wallets, making it nearly hard for attackers to access assets. The company also thanked the community for its assistance in discovering the malicious activities swiftly. Following the incident, the X account was fully restored and protected, demonstrating Jupiter’s dedication to protecting the safety and trust of its consumers.

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