SpaceX, Starlink X Accounts Hacked to Push SCATMAN Rug Pull
A hacker rug pulled a token known as SCATMAN after reportedly seizing management of the SpaceXAI and Starlink accounts on X, strolling away with roughly $125,000 in Ethereum (ETH).
On-chain tracker Lookonchain traced the stolen funds throughout two wallets. The scheme mirrors a run of high-profile account takeovers aimed toward selling fraudulent tokens.
Inside the SCATMAN Rug Pull
According to Lookonchain, the attacker promoted the SCATMAN meme coin after allegedly compromising the SpaceXAI and Starlink X accounts. Screenshots extensively shared on social media appeared to present each accounts reposting content material from the SCATMAN account.
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Lookonchain stated the attacker minted 10 trillion SCATMAN. They then bought your complete provide for 59 ETH, value about $108,000.
The analytics platform additionally recognized a second pockets linked to the identical attacker that bought an extra 59.28 million SCATMAN tokens for 14.7 ETH, value roughly $27,000.
In complete, the 2 wallets generated practically $125,000 in ETH. Lookonchain recognized the next addresses as belonging to the attacker:
- 0xfee50d4ce48f2d05f520ce04c875647e4870a8ba
- 0xdd9f6d3e16ebda7f35cb694ceadb50af3eebba89
As of press time, the reposts had been not visible on the SpaceXAI and Starlink accounts, and BeInCrypto couldn’t independently confirm the claims. BeInCrypto has reached out to SpaceX for remark and can replace this story if it receives a response.
Account Hacks Fuel a String of Rug Pulls
Hijacked social media accounts have turn out to be a typical car for rug pulls. Scammers borrow the credibility of trusted manufacturers to lure consumers.
In February 2025, hackers seized Pump.enjoyable’s X account to push a fake PUMP token. One pockets earned over $135,000 inside a minute.
Political figures have confronted the identical tactic. Attackers hijacked former Malaysian Prime Minister Mahathir Mohamad’s account to promote a token, stealing $1.7 million.
Myanmar’s junta leader and World Liberty Financial co-founder Zach Witkoff faced similar breaches earlier that 12 months.
Victims vary from crypto platforms to heads of state. The widespread thread is a trusted account weaponized for a single, quick payout.
Each case follows the identical sample. A breach, a quick token launch, and a fast sell-off earlier than the platform regains management.
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