Foresight Ventures MingAI Other Tokens Twitter/X Phishing

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Foresight Ventures Logo/Homepage

Foresight Ventures' Twitter/X account was hacked, leading to the launch of several tokens and up to $500,000 raised. The exact amount tied specifically to Foresight Ventures remains unclear. The hack prompted various reactions on Twitter, with some users embracing the supposed AI technologies, while others expressed frustration over the scam. Despite the hackers' success in building up tokens before the breach was officially reported, and Foresight News issuing an update about the hack, no information was provided regarding compensation for the victims.[1][2][3][4][5][6][7][8][9][10][11][12][13][14][15][16][17][18][19][20][21][22][23][24][25][26][27][28][29][30][31][32][33][34][35][36][37][38][39][40][41][42][43][44][45][46][47][48][49][50][51][52][53][54][55][56][57][58][59][60][61][62][63][64][65][66][67][68][69][70][71][72][73][74][75][76][77][78][79][80][81][82][83][84][85][86][87][88][89][90][91][92][93][94][95][96][97][98][99][100][101][102][103][104][105][106][107][108][109][110][111][112][113][114][115]

About Foresight Ventures

Foresight Ventures is a crypto venture capital firm focused on bridging the Eastern and Western crypto ecosystems. With a research-driven approach and offices in the US and Singapore, they specialize in crypto investments and incubation. The firm supports innovative projects shaping the future of digital finance and leverages its media network, including The Block, Foresight News, BlockTempo, and Coinness, to gain unique insights and influence in the crypto space. Foresight Ventures aims to identify and back exceptional teams and visionary projects.

About Foresight News

Foresight News is the largest multilingual Web3 media platform in the Asia-Pacific region, established in January 2022. It has quickly become a leading media outlet for Web3 news, offering insights and coverage on the latest developments in cryptocurrency, blockchain, and decentralized technologies. Foresight News aims to bridge Eastern and Western Web3 ecosystems, with a focus on providing high-quality content and in-depth analysis to a global audience. In December 2022, Foresight News expanded by launching an English-language platform to cater to international readers.

The Reality

This sections is included if a case involved deception or information that was unknown at the time. Examples include:

  • When the service was actually started (if different than the "official story").
  • Who actually ran a service and their own personal history.
  • How the service was structured behind the scenes. (For example, there was no "trading bot".)
  • Details of what audits reported and how vulnerabilities were missed during auditing.

What Happened

Foresight Ventures account posted several different tokens which were subsequently rug pulled, causing inventors near total losses of their funds.

Key Event Timeline - Foresight Ventures MingAI Other Tokens Twitter/X Phishing
Date Event Description
January 11th, 2025 7:30:00 AM MST Why Are You Rugging So Much Twitter/X user imakefireathome asks Foresight Ventures why they are "rugging so much". He references a screenshot of a post about contract address 54e29yDwHZ6fG1FmdPFnxqLcwPL87bQv373mxZy9pump
January 11th, 2025 9:27:00 AM MST AscendEx Proposal To List AscendEx responds to the phishing post with a porposal to potentially list the new token on their exchange platform.
January 11th, 2025 9:36:00 AM MST Foresight News Article Posted Foresight News posts an article about the Foresight Ventures X account having been hacked.
January 12th, 2025 2:54:00 PM MST CryptoPolitan Article Posted CryptoPolitan posts an article about the recent hacks of the Twitter/X accounts of Litecoin and Foresight Ventures.

Technical Details

This section includes specific detailed technical analysis of any security breaches which happened. What specific software vulnerabilities contributed to the problem and how were they exploited?

Total Amount Lost

"Foresight Ventures’ X account was hacked, linked to $500,000 raised through 15 compromised accounts"

It is unclear what portion of this sum is linked to Foresight Ventures specifically.

The total amount lost is unknown.

Immediate Reactions

There were a significant number of reactions on Twitter, ranging from people who were embracing the new AI technologies purported to be created, to those who were annoyed at the scam. It appears that the hackers were able to successfully launch and build up several tokens over several hours, some even before any users caught on or there was any official report that there was a breached account.

Ultimate Outcome

Foresight News posted a news update to report that their Foresight Ventures Twitter/X account had been compromised. There is no word on any compensation for victims.

Total Amount Recovered

There do not appear to have been any funds recovered in this case.

What funds were recovered? What funds were reimbursed for those affected users?

Ongoing Developments

What parts of this case are still remaining to be concluded?

Individual Prevention Policies

No specific policies for individual prevention have yet been identified in this case.

For the full list of how to protect your funds as an individual, check our Prevention Policies for Individuals guide.

Platform Prevention Policies

Policies for platforms to take to prevent this situation have not yet been selected in this case.

For the full list of how to protect your funds as a financial service, check our Prevention Policies for Platforms guide.

Regulatory Prevention Policies

No specific regulatory policies have yet been identified in this case.

For the full list of regulatory policies that can prevent loss, check our Prevention Policies for Regulators guide.

References

  1. ↑ https://foresightnews.pro/news/detail/62903 (Accessed Mar 5, 2025)
  2. ↑ https://www.cryptopolitan.com/hacks-foresight-ventures-and-litecoin/ (Accessed Mar 5, 2025)
  3. ↑ What do the recent hacks on Foresight Ventures and Litecoin mean? (Accessed Mar 5, 2025)
  4. ↑ https://www.binance.com/en/square/post/01-11-2025-foresight-ventures-x-account-compromised-recovery-efforts-underway-18801977806522 (Accessed Mar 5, 2025)
  5. ↑ @WuBlockchain Twitter (Accessed Mar 5, 2025)
  6. ↑ Crypto Phishing Flaws Exposed in Litecoin, Others X Account Hack (Accessed Mar 5, 2025)
  7. ↑ AscendEX - "Hey Team, we're interested in getting $MingAI listed on our exchange. Slide into our DMs, and let’s discuss further." - Twitter/X (Accessed Mar 5, 2025)
  8. ↑ imakefireathome - "dude, why are you rugging so much? lol" - Twitter/X (Accessed Mar 5, 2025)
  9. ↑ Fake Foresight Ventures Token - Solscan (Accessed Mar 5, 2025)
  10. ↑ @siraso420 Twitter (Accessed Mar 5, 2025)
  11. ↑ @psychowifbag Twitter (Accessed Mar 5, 2025)
  12. ↑ @RIPSOLANABNB Twitter (Accessed Mar 5, 2025)
  13. ↑ @NoToKYC Twitter (Accessed Mar 5, 2025)
  14. ↑ @salmanmalki94 Twitter (Accessed Mar 5, 2025)
  15. ↑ @BengBeng474 Twitter (Accessed Mar 5, 2025)
  16. ↑ @StrongPanda_OS Twitter (Accessed Mar 5, 2025)
  17. ↑ @StrongPanda_OS Twitter (Accessed Mar 5, 2025)
  18. ↑ @GeoxMetaX Twitter (Accessed Mar 5, 2025)
  19. ↑ @0xishans Twitter (Accessed Mar 5, 2025)
  20. ↑ @0x_dvb Twitter (Accessed Mar 5, 2025)
  21. ↑ @BogdanFieraruUk Twitter (Accessed Mar 5, 2025)
  22. ↑ @GeoxMetaX Twitter (Accessed Mar 5, 2025)
  23. ↑ @abhdkskfuck Twitter (Accessed Mar 5, 2025)
  24. ↑ @thorne_no Twitter (Accessed Mar 5, 2025)
  25. ↑ @0xmrboba Twitter (Accessed Mar 5, 2025)
  26. ↑ @GeoxMetaX Twitter (Accessed Mar 5, 2025)
  27. ↑ @ArkamUssef Twitter (Accessed Mar 5, 2025)
  28. ↑ @KelseyK1992 Twitter (Accessed Mar 5, 2025)
  29. ↑ @Nakamoto__X Twitter (Accessed Mar 5, 2025)
  30. ↑ @ForestBai1 Twitter (Accessed Mar 5, 2025)
  31. ↑ @GeoxMetaX Twitter (Accessed Mar 5, 2025)
  32. ↑ @shenqiu8888 Twitter (Accessed Mar 5, 2025)
  33. ↑ @manrpatel1 Twitter (Accessed Mar 5, 2025)
  34. ↑ @cfcblue22 Twitter (Accessed Mar 5, 2025)
  35. ↑ @itscuentos Twitter (Accessed Mar 5, 2025)
  36. ↑ @BengBeng474 Twitter (Accessed Mar 5, 2025)
  37. ↑ @BhavitGoya85289 Twitter (Accessed Mar 5, 2025)
  38. ↑ @ee_sien Twitter (Accessed Mar 5, 2025)
  39. ↑ @sicmvndvs69 Twitter (Accessed Mar 5, 2025)
  40. ↑ @thorne_no Twitter (Accessed Mar 5, 2025)
  41. ↑ @ForestBai1 Twitter (Accessed Mar 5, 2025)
  42. ↑ @BSCNews Twitter (Accessed Mar 5, 2025)
  43. ↑ @ForestBai1 Twitter (Accessed Mar 5, 2025)
  44. ↑ @AzimoyZ27 Twitter (Accessed Mar 5, 2025)
  45. ↑ @thr33pro Twitter (Accessed Mar 5, 2025)
  46. ↑ @cristiANtonie07 Twitter (Accessed Mar 5, 2025)
  47. ↑ @ForestBai1 Twitter (Accessed Mar 5, 2025)
  48. ↑ @ForestBai1 Twitter (Accessed Mar 5, 2025)
  49. ↑ @ASDEX221 Twitter (Accessed Mar 5, 2025)
  50. ↑ @cryptocash78 Twitter (Accessed Mar 5, 2025)
  51. ↑ @tes20223 Twitter (Accessed Mar 5, 2025)
  52. ↑ @ForestBai1 Twitter (Accessed Mar 5, 2025)
  53. ↑ @ForestBai1 Twitter (Accessed Mar 5, 2025)
  54. ↑ @Based_Trucker Twitter (Accessed Mar 5, 2025)
  55. ↑ @nguyencapital Twitter (Accessed Mar 5, 2025)
  56. ↑ @shib__whales Twitter (Accessed Mar 5, 2025)
  57. ↑ @MasonL0unge Twitter (Accessed Mar 5, 2025)
  58. ↑ @0xZaga Twitter (Accessed Mar 5, 2025)
  59. ↑ @Based_Trucker Twitter (Accessed Mar 5, 2025)
  60. ↑ @sanphamyeah Twitter (Accessed Mar 5, 2025)
  61. ↑ @Foresight_News Twitter (Accessed Mar 5, 2025)
  62. ↑ @HendriZhejiwo Twitter (Accessed Mar 5, 2025)
  63. ↑ @CrypInsiderTG Twitter (Accessed Mar 5, 2025)
  64. ↑ @Sylvi_Agent Twitter (Accessed Mar 5, 2025)
  65. ↑ @hahahohokorea Twitter (Accessed Mar 5, 2025)
  66. ↑ @Clarozeya Twitter (Accessed Mar 5, 2025)
  67. ↑ @samblow32 Twitter (Accessed Mar 5, 2025)
  68. ↑ @smartviewai Twitter (Accessed Mar 5, 2025)
  69. ↑ @TCNCRYPTO Twitter (Accessed Mar 5, 2025)
  70. ↑ @kriptotayfa Twitter (Accessed Mar 5, 2025)
  71. ↑ @MLion_AI Twitter (Accessed Mar 5, 2025)
  72. ↑ @iayakovenko_ Twitter (Accessed Mar 5, 2025)
  73. ↑ @Sylvi_Agent Twitter (Accessed Mar 5, 2025)
  74. ↑ @MasterCryptoHq Twitter (Accessed Mar 5, 2025)
  75. ↑ @CoinwatcherNews Twitter (Accessed Mar 5, 2025)
  76. ↑ @thisisksa Twitter (Accessed Mar 5, 2025)
  77. ↑ @CryptoNewsX_ Twitter (Accessed Mar 5, 2025)
  78. ↑ @TokenPulseJP Twitter (Accessed Mar 5, 2025)
  79. ↑ @Adelereolu28372 Twitter (Accessed Mar 5, 2025)
  80. ↑ @putinwithtrump Twitter (Accessed Mar 5, 2025)
  81. ↑ @0xOnlyCalls Twitter (Accessed Mar 5, 2025)
  82. ↑ @CryptovkaFeed Twitter (Accessed Mar 5, 2025)
  83. ↑ @MarylEHarris Twitter (Accessed Mar 5, 2025)
  84. ↑ @TradeWithJesse Twitter (Accessed Mar 5, 2025)
  85. ↑ @SalehzadahS Twitter (Accessed Mar 5, 2025)
  86. ↑ @crazyox_eth Twitter (Accessed Mar 5, 2025)
  87. ↑ @HashNews01 Twitter (Accessed Mar 5, 2025)
  88. ↑ @60711 Twitter (Accessed Mar 5, 2025)
  89. ↑ @cryptomehn1 Twitter (Accessed Mar 5, 2025)
  90. ↑ @MuhabbitNews Twitter (Accessed Mar 5, 2025)
  91. ↑ @TheBlock__ Twitter (Accessed Mar 5, 2025)
  92. ↑ @MuhabbitNews Twitter (Accessed Mar 5, 2025)
  93. ↑ @bitbank_markets Twitter (Accessed Mar 5, 2025)
  94. ↑ @xnljaok Twitter (Accessed Mar 5, 2025)
  95. ↑ @wublockchain12 Twitter (Accessed Mar 5, 2025)
  96. ↑ @TrackingCr5640 Twitter (Accessed Mar 5, 2025)
  97. ↑ @CryptoTA_King Twitter (Accessed Mar 5, 2025)
  98. ↑ @EverythingAjay Twitter (Accessed Mar 5, 2025)
  99. ↑ @BSCNheadlines Twitter (Accessed Mar 5, 2025)
  100. ↑ @XprinceCLONE Twitter (Accessed Mar 4, 2025)
  101. ↑ @cryptopnzcom Twitter (Accessed Mar 5, 2025)
  102. ↑ @SOU_BTC Twitter (Accessed Mar 5, 2025)
  103. ↑ @Solix_Trade Twitter (Accessed Mar 5, 2025)
  104. ↑ @muhabbitcom Twitter (Accessed Mar 5, 2025)
  105. ↑ @CoinDuyurusu Twitter (Accessed Mar 5, 2025)
  106. ↑ @muhabbitcom Twitter (Accessed Mar 5, 2025)
  107. ↑ @raven1696559 Twitter (Accessed Mar 5, 2025)
  108. ↑ @ChrisBarrett Twitter (Accessed Mar 5, 2025)
  109. ↑ @ethos_scan Twitter (Accessed Mar 5, 2025)
  110. ↑ @AsA7laE7s Twitter (Accessed Mar 5, 2025)
  111. ↑ @SynthiaAI_Agent Twitter (Accessed Mar 5, 2025)
  112. ↑ @ainews_io Twitter (Accessed Mar 5, 2025)
  113. ↑ foresightventures | Twitter | Linktree (Accessed Mar 5, 2025)
  114. ↑ ForesightVentures (Accessed Mar 5, 2025)
  115. ↑ Home - Foresight News EN (Accessed Mar 5, 2025)
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