Solana Meme Coin Scam: Hackers Steal $530K from Sydney Sweeney and Bob Odenkirk’s Twitter Accounts

The post Solana Meme Coin Scam: Hackers Steal $530K from Sydney Sweeney and Bob Odenkirk’s Twitter Accounts appeared first on Coinpedia Fintech News

Chainsleuth Zachxbt recently investigated the convicted UK hacker Gurv (Gurvinder Bhangu) and found that he was involved in the recent hack of X accounts of celebrities Sydney Sweeney and Bob Odenkirk, which siphoned $530K Solana meme coins.

The Sydney Sweeney incident

On July 2nd, the Twitter (X ) account belonging to actress Sydney Sweeney was hacked through SIM swapping. The hack resembles the situation when the hacker puts a link to a meme coin on the hacked account and generates interest, which triggers a high peak in the coin’s demand and its subsequent drop. 

These main wallets engaged in the scam used the project to sell over 515,000 coins before an attempt to cash it out was made. After the hack, the hacker resumed using Twitter and posted ridiculous rants and fake credits for other attacks like those of Hulk Hogan and 50 Cent.

Based on the timing analysis, Zachxbt could track the sequence of actions; the scam’s money was transferred to a Solana exchange to buy Bitcoin and Ethereum.

The splitting of funds is evident on the blockchain, eliminating the possibility of a single person’s activities. Screenshots later indicated that Gurv received login codes for Sydney Sweeney’s account through Telegram, which speaks for his involvement. 

Gurv’s Background 

Gurv is a known hacker who has been to prison in the UK for hacking Instagram accounts and extorting from the victims. In his previous encounters with the police, he has said, ‘It’s not even a crime. ‘ Information obtained from the leaked Telegram groups, in which Gurv, whose ID was different from that of the other members, claimed to be a hacker discussing his prison term, links him to the current scams. 

The wallets linked to the hacks currently contain around $488,000, some of which were spent in crypto casinos and to buy gift cards. Based on the numerous evidential materials available, starting with the links to transactions and ending with numerous screenshots, it is possible to count on the efficient actions of UK law enforcement against Gurv and his co-conspirators.