QUADRIGA INITIATIVE
CRYPTO WATCHDOG & FRAUD RECOVERY PLATFORM
A COMMUNITY-BASED, NOT-FOR-PROFIT
$100 000 USD
FEBRUARY 2025
GLOBAL
PUMP.FUN
DESCRIPTION OF EVENTS

pump.fun is a Solana-based memecoin generator."
"Pump prevents rugs by making sure that all created tokens are safe. Each coin on pump is a fair-launch with no presale and no team allocation. step 1: pick a coin that you like step 2: buy the coin on the bonding curve step 3: sell at any time to lock in your profits or losses step 4: when enough people buy on the bonding curve it reaches a market cap of $69k step 5: $12k of liquidity is then deposited in raydium and burned"
Pump.fun's Twitter/X account was breached by a malicious actor.
Pump.fun, a popular Solana-based platform for creating and trading meme coins, had its X account hacked on February 26, 2025. The hackers used the compromised account to promote a fraudulent token called “PUMP,” claiming it was the official governance token of Pump.fun. The fake post read, “Introducing $PUMP the OFFICIAL pump.fun GOVERNANCE token, where Democracy has never been this degen.
We will also be REWARDING our OG DEGENS.” The hackers, who identified themselves as “GPT-4.5,” threatened to delete the Pump.fun X account if the token reached a $100 million market cap. Despite warnings that the token’s supply was heavily concentrated among a small group of wallets, the PUMP token briefly reached a $5 million market cap before rapidly crashing. The Pump.fun team acknowledged the breach and advised users not to interact with the compromised account.
Pumpfun has acknowledged the breach, posting on its Telegram channel that users should not interact with the account.
"Our X account is compromised. Do not interact with it. We are investigating," a Pumpfun staff member posted to Telegram.
ZachXBT mentioned in another Telegram post that Pump.fun X account hack could be connected to the Jupiter DAO X account hack this February and DogWifCoin’s hack in November last year. The investigator still insisted that the hacks were possibly not the fault of the teams. ZachXBT further speculated that the threats could be connected to X social engineering employees with fraudulent documents or emails. The investigator also suggested that the exploitation of an X panel could be another probable cause of the compromised accounts.
"Shortly after the initial scam post, the hackers escalated their efforts by promoting yet another fake token, called "GPT-4.5." while also threatening to delete the Pump.fun X account if the token reached a $100 million market cap, further adding to the chaos and confusion among users."
There was a report of a hacked.fun token which was to be launched to give victims an opportunity to recover losses.
There is a likely an ongoing investigation int the perpetrator who appears to have breached multiple Twitter/X accounts.
Pump.fun, a Solana-based platform for generating and trading memecoins, had its official X (Twitter) account hacked on February 26, 2025. The attacker used the compromised account to promote a fake governance token called “$PUMP,” falsely claiming it was tied to the platform, and threatened to delete the account if the token hit a $100 million market cap. Despite clear signs of manipulation, including concentrated token holdings, $PUMP briefly surged to a $5 million market cap before crashing. The Pump.fun team quickly acknowledged the breach via Telegram, urging users not to interact with the X account. Investigator ZachXBT suggested the incident may be linked to prior high-profile X account hacks and possibly involved social engineering tactics targeting X employees.
Pumpfun's X Account Hacked, Fake Tokens Promoted—Some Wallets Profit Over $100,000 Through Rapid Trades - ODaily News (Apr 28)
Pumpfun - "Pumpfun account was hacked and launched a token. Although it was confirmed to be fake very quick. Several wallets are still able to profit over $100K by buying/selling within 1 minute." - Twitter/X (Apr 28)
https://www.bitdefender.com/en-gb/blog/hotforsecurity/pump-fun-x-account-hacked-to-promote-fake-pump-token-cryptocurrency-scam - BitDefender (Apr 28)
Pump.fun X account hacked to promote scam governance token - Bleeping Computer (Apr 28)
Pump.fun X account hacked to promote fake PUMP token - Daily Motivation News (Apr 28)
ZachXBT: Hackers compromise Pump.fun X account, issuing fake memecoin announcements - MiTrade (Apr 28)
Pump.fun's X Account Hacked To Promote Fake "PUMP" Token, Triggering $5 Million Market Cap Surge - Yahoo News (Apr 28)
Pump.fun Falls Victim to X Account Hack—Fake “PUMP” Token Circulates - BitDegree (Apr 28)
Pump.fun's X account hacked to promote fake governance token $PUMP - CryptoBriefing (Apr 28)
ZachXBT Investigation On Telegram (Apr 28)
https://solscan.io/account/42TEV7iqRVUNP11fk2Huczq6BX8C79EnPaF8veHmMi7T?page=59#defiactivities (Apr 28)
@qubitxbt Twitter (Apr 28)
@0xDeepz Twitter (Apr 28)
MemeseusMaximus - "@pumpdotfun account compromised, the token is fake." - Twitter/X (Apr 28)
@_memestreetbets Twitter (Apr 28)
@DirectorVibes Twitter (Apr 28)
@YutiBot Twitter (Apr 28)
@stat1x_x Twitter (Apr 28)
@Eldarone_ Twitter (Apr 28)
@degenrory Twitter (Apr 28)
@LanaCoin_Ai Twitter (Apr 28)
@KingJamesLOS Twitter (Apr 28)
@ChainGPTAI Twitter (Apr 28)
@pinkprintersol Twitter (Apr 28)
@1Moree_e Twitter (Apr 28)
@IAmZeBull Twitter (Apr 28)
@0xAdvocatus Twitter (Apr 28)
@CyphrGM Twitter (Apr 28)
@ivolxbt Twitter (Apr 28)
@LanaCoin_Ai Twitter (Apr 28)
@madmixnum Twitter (Apr 28)
