Dr Mahathir Mohamad MALAYSIA Twitter/X Rug Pull

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Mahathir Mohamad

Dr. Mahathir Mohamad, a former Malaysian Prime Minister, is a key figure in the country's political and economic transformation. On February 5, 2025, a tweet appeared on his account about the launch of the MALAYSIA cryptocurrency token. Is it suspected that his account was hacked. Dr. Mahathir next posted his sadness about political leaders' selfishness but did not address the hacking incident. Many users expressed frustration over his apparent lack of acknowledgment regarding the hack. There does not appear to be any assistance for victims.

About Dr Mahathir Mohamad

Dr. Mahathir Mohamad, born on July 10, 1925, in Alor Setar, Kedah, is a prominent Malaysian politician, author, and physician. He served as the 4th and 7th Prime Minister of Malaysia, with his first tenure spanning from 1981 to 2003, and his second from 2018 to 2020. Mahathir is the longest-serving prime minister in Malaysia's history, holding office for a total of 24 years. He played a crucial role in transforming Malaysia's economy, infrastructure, and global standing, earning the title "Father of Modernisation."

Before entering politics, Mahathir was a trained physician, graduating from the King Edward VII College of Medicine in Singapore in 1953. His political career began in 1964 when he was elected as a Member of Parliament. He rose through the ranks of UMNO, serving in several cabinet roles, including Minister of Education, Deputy Prime Minister, and eventually Prime Minister in 1981. His tenure saw significant modernization efforts, including industry privatization and ambitious infrastructure projects.

During his first term, Mahathir also centralized political power and undertook controversial actions such as undermining judicial independence. He faced challenges like the 1997 Asian financial crisis and the arrest of his deputy, Anwar Ibrahim, in 1998. After stepping down in 2003, Mahathir remained influential, becoming a vocal critic of his successors and later re-entering politics in 2017, where he led the opposition coalition to a historic victory in 2018. However, his second term was marked by political instability, and he resigned in 2020.

Mahathir's views, shaped by Malay nationalism and Islamic values, have evolved over the years. His legacy remains influential in Malaysia, despite controversies surrounding his leadership style and decisions.

About MALAYSIA Token

"Malaysia's Official Cryptocurrency $MALAYSIA is Now Live on Solana! This marks a significant milestone in showcasing the strength of our people and our nation's presence in the digital economy. It is an honor for us to demonstrate Malaysia's power on the global crypto network!"

The Reality

The MALAYSIA token was not launched by Dr Mahathir Mohamad.

What Happened

The MALAYSIA token reached a market cap of $3m USD before a rapid rug pull occurred.

Key Event Timeline - Dr Mahathir Mohamad MALAYSIA Twitter/X Rug Pull

Date	Event	Description
January 28th, 2025 2:47:00 AM MST	Happy Chinese New Year	Dr Mahathir Mohamad posts well wishes for the Chinese New Year.
February 5th, 2025 5:13:46 AM MST	First Minting Of MALAYSIA	The first minting of MALAYSIA tokens on Solana.
February 5th, 2025 5:50:00 AM MST	evilcos Tweets "Warning	A tweet in Chinese by SlowMist founder evilcos reports that they believe the account of Dr Mahathir Mohamad to have been hacked. The contract address which created the token can be traced to a historic criminal gang.
February 5th, 2025 7:22:00 PM MST	Dr Mahathir Mohamad Is Sad	Dr. Mahathir Mohamad posts to notify his followers that he is sad. But it's not because of the hack or any of their losses. It's because the party that once fought for the independence of Malaya and opposed British control has now become one that is willing to submit to another party. He laments that the focus of Malay representatives is on their own positions, neglecting the future of the nation and its people. He expresses frustration with their selfishness, inability to listen to the people's problems, and disregard for the collective struggle.

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

The total amount lost is unknown.

How much was lost and how was it calculated? If there are conflicting reports, which are accurate and where does the discrepancy lie?

Immediate Reactions

Many users were upset and posted negative comments on Dr Mahathir Mohamad's previous tweet from January 28th.

Ultimate Outcome

Dr Mahathir Mohamad does not appear to have acknowledged the hack in any capacity.

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.