QUADRIGA INITIATIVE
CRYPTO WATCHDOG & FRAUD RECOVERY PLATFORM
A COMMUNITY-BASED, NOT-FOR-PROFIT
UNKNOWN
JANUARY 2025
GLOBAL
TIME MAGAZINE
DESCRIPTION OF EVENTS
Time Magazine is a renowned American news magazine that covers a wide range of topics, including national and world news, politics, health, science, business, entertainment, and more. Known for its in-depth analysis and authoritative reporting, Time publishes both a digital and print magazine. The magazine also produces special series, such as the TIME100 list of influential leaders, and various video content through TIME Studios. Time Magazine has become a trusted source for both breaking news and thoughtful commentary on current global issues.
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Timestamps: (relative to one of the captures) 37m - Another disclaimer, account not hacked. 47m - First disclaimer posted. 59m - Original tweet
Twitter account 0xfokko estimated losses at $12m USD.
"The official Time Magazine account @TIME on the X platform has just posted about the $TIME token, which is located on Solana. In the comments section, a former Time employee claimed that the account had been hacked."
It appears that all references to the token have been removed from Time Magazine's Twitter/X account. Time Magazine does not appear to have officially acknowledged that the hack happened. There does not appear to be any assistance available for victims.
Several users discussed legal action against Time Magazine. Others have been performing blockchain analysis to help hunt down the culprit.
Time Magazine is a renowned American news magazine covering a broad range of topics such as politics, health, science, and entertainment. Their official Twitter/X account posted about the $TIME token, followed by disclaimers and assurances that the account was not hacked. Most users consider what happened next to be a rug pull. Token-related posts have since been deleted. Estimated losses from the incident range from $6.7m to over $12m. Discussions about legal action and blockchain analysis have followed. Time Magazine does not appear to have officially acknowledged the hack.
Time Magazine Official X Account Suspected of Being Hacked, Posts $TIME Token - ODaily News (Mar 17)
Time Magazine - "Introducing $TIME on Solana. For over a century, TIME Magazine has documented history. How, we're embracing the future with $TIME, a digital asset built on Solana to enhance engagement, access, and community participation. The fut...Tweet (Mar 17)
Time Magazine - "Dozens are believed to be dead after a regional American Airlines flight collided with an Army helicopter in midair on Wednesday night when it was about to land at the Ronald Reagan Washington National Airport" - Twitter/X (Mar 17)
BankTraderWin - "Once upon a $Time" - Twitter/X (Mar 17)
unissn7 - "@FBI shame on u" - Twitter/X (Mar 17)
DataC58218 - "$TIME Account has been hacked and this token is fully bundled with new #wallets #SOLANA #memecoin Top 30 Holders Latest Status - Current Profits , Transaction Summary, Funding sources & internal transfers." - Twitter/X (Mar 17)
Time Token Address - Solscan (Mar 17)
Time Token Minting Transaction - Solscan (Mar 17)
@IzzyOfWeb3 Twitter (Mar 17)
@ButtonIIsaac Twitter (Mar 17)
https://tgstat.ru/en/channel/@pishchulov/793 (Mar 17)
Ruth K on Substack: "$wow." (Mar 17)
@JDHR68 Twitter (Mar 17)
@kurz90 Twitter (Mar 17)
@maxi_90909 Twitter (Mar 17)
@memeneedfight Twitter (Mar 17)
@DexOnTheBlock Twitter (Mar 17)
@shitXcoins Twitter (Mar 17)
@SkyWalker64007 Twitter (Mar 17)
@dongfeng9052 Twitter (Mar 17)
@zeoracleee Twitter (Mar 17)
@DigitalGrift Twitter (Mar 17)
0xfokko - "BREAKING: Time magazine HACK! 12 mil USD rugged!" - Twitter/X (Mar 17)
@solximane Twitter (Mar 17)
Fox AI Queen - "Time Magazine, always so punctual with their scams. "Time" token, what a joke, like it's actually worth something. Thieves in a designer suit, that's all you are. "Community users" sound like a bunch of naive sheep waiting to be fl...ter/X (Mar 17)
Keith Grossman - "THIS IS A HACK. DO NOT BUY." - Twitter/X (Mar 17)
rickyrock445 - "And people are still buying" - Twitter/X (Mar 17)
@tolvanhe Twitter (Mar 17)
@therances Twitter (Mar 17)
@pepesfwen Twitter (Mar 17)
@73Chadillac Twitter (Mar 17)
@BrandApologies Twitter (Mar 17)
@jottybtc Twitter (Mar 17)
@mentorondabeat Twitter (Mar 17)
@ItsCoco07 Twitter (Mar 17)
@ggh0st1 Twitter (Mar 17)
@ThatDesiGirl Twitter (Mar 17)
@musthakkb Twitter (Mar 17)
@NXian9851 Twitter (Mar 17)
@XtoXSolo Twitter (Mar 17)
@_PelicanBay_ Twitter (Mar 17)
@ThePEPEBull Twitter (Mar 17)
@cookiminati Twitter (Mar 17)
@rachelwilkinsb Twitter (Mar 17)
@itslocoguy Twitter (Mar 17)
@cjonesplay Twitter (Mar 17)
@kiranhussain921 Twitter (Mar 17)
@VeryPoorDegen Twitter (Mar 17)
@drsinanasa Twitter (Mar 17)
@lverria Twitter (Mar 17)
@DopeItsSolo Twitter (Mar 17)
@0xfokko Twitter (Mar 17)
@0xiluminado Twitter (Mar 17)
@Rex_testudo Twitter (Mar 17)
@dalteco Twitter (Mar 17)
@aitche_ Twitter (Mar 17)
@SatoadshiLite Twitter (Mar 17)
@EarthyOuds Twitter (Mar 17)
@tykitaly Twitter (Mar 17)
@FreeSeers Twitter (Mar 17)
@k0nquistad0r Twitter (Mar 17)
@Saebomaxi Twitter (Mar 17)
@kingmel_eth Twitter (Mar 17)
jakrypto70509 - "Hacked account meta is crazy. There’s gonna be a drop in marketing interns next year" - Twitter/X (Mar 17)
@chromedposeidon Twitter (Mar 17)
@chewacow Twitter (Mar 17)
@mrbarone2000 Twitter (Mar 17)
@forevertawl Twitter (Mar 17)
@aabdulwasiu_ Twitter (Mar 17)
MyWebacy - "TIME MAGAZINE HACKED Always DYOR" - Twitter/X (Mar 17)
@jablesdotcom Twitter (Mar 17)
@TeddyRoosevalt Twitter (Mar 17)
Jollysig - "I am not even surprised what I'm going to see popping up on my signals anymore. I'm just aping and scalping for the lolz and profits. In with 1 out with 10. Thanks for the fond memories." - Twitter/X (Mar 17)
@Nestorius80 Twitter (Mar 17)
@a_mundz Twitter (Mar 17)
@WenYeti Twitter (Mar 17)
@IChooseToBe_1 Twitter (Mar 17)
@0x1sol Twitter (Mar 17)
@WallHWhite Twitter (Mar 17)
@IronG495997 Twitter (Mar 17)
@DeganThrills Twitter (Mar 17)
@twinofman Twitter (Mar 17)
@therealmogul Twitter (Mar 17)
@cryptohiro3 Twitter (Mar 17)
@ImWithRetardio Twitter (Mar 17)
@BrockMcBreadcat Twitter (Mar 17)
@blazingavocado4 Twitter (Mar 17)
Niggalander - "Nice bro" - Twitter/X (Mar 17)
@noname2bfree Twitter (Mar 17)
@FredHarter Twitter (Mar 17)
HeroXCommunity - "$TRUMP coin was the end of the meme cycle. Anything that's left at this point is #PvP cabal trench warfare. I'm not knocking it. I'm just out living life instead. Smart money rotating into #DeFi and utility, not $TIME." - Twitter/X (Mar 17)
Ozzy Livin - "I think one of the interns at TIME magazine launched a meme coin $TIME... the posts have been deleted $6.7 Million rugged" - Twitter/X (Mar 17)
Ozzy Livin - "$TIME coin saw $6.7 Million flows in ~30 minutes" - Twitter/X (Mar 17)
Ozzy Livin - Original post by @TIME" - Twitter/X (Mar 17)
@johnsavage_eth Twitter (Mar 17)
@0xJeffrey_Xie Twitter (Mar 17)
@yusoffkim Twitter (Mar 17)
@augrinacian Twitter (Mar 17)
@rachelwilkinsb Twitter (Mar 17)
@CrypttoReBeL Twitter (Mar 17)
@kiruti Twitter (Mar 17)
@Jack__Mango Twitter (Mar 17)
@0xRickyW Twitter (Mar 17)
@MerruX Twitter (Mar 17)
@Jay2Goat_ Twitter (Mar 17)
@timiokoya Twitter (Mar 17)
@btcbarkeep Twitter (Mar 17)
@kara_mesaj Twitter (Mar 17)
@MRBullMktEver Twitter (Mar 17)
@CryptoEmreSol Twitter (Mar 17)
Imran - "This is what @realDonaldTrump cause in crypto by launch memecoin, no organisation feel responsible for launch memecoin and rugging it. Pump to $14m and rug in the next 10min. We will all move, the do OTC and repeat. Lol we will be fine th...ter/X (Mar 17)
