Avalanche's Luigi D'Onorio DeMeo Twitter Hacked
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Luigi Demeo is the Chief Operating Officer for the Avalanch blockchain. The Twitter/X account of Luigi Demeo was compromised for roughly 15 hours, and posted a series of promotions for Avalanche airdrops. Those who connected their wallets to claim the supposedly free AVAX tokens would likely have had their wallets drained of all available funds.[1][2][3]
About Luigi Demeo
"I'm an @avvax maxi, but it's inevitable that Solana is leading this bull market... Due to the increased search for memecoins, I'm creating the $PIKA token on @Solana, based on my favorite character."
"Rewarding All Of Avalanche’s Users. Avalanche, the fastest smart contracts platform in the blockchain industry, is currently hosting the first round of its $AVAX airdrop through Ava Labs. The amount of tokens distributed to each wallet is determined by the wallet's usage of the Avalanche C-Chain."
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
"The X account of AvaLabs COO Luigi D'Onorio DeMeo appears to have been compromised. Please do NOT interact with any addresses or links it has posted."
| Date | Event | Description |
|---|---|---|
| August 18th, 2024 7:58:00 PM MDT | PeckShield Tweet | PeckShield tweets about the compromised account. |
Technical Details
DCuvMLEa8SsPZUYunjcxxyo4M8QEwAY2D53idWZQjYie DCuvMLEa8SsPZUYunjcxxyo4M8QEwAY2D53idWZQjYie
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
How did the various parties involved (firm, platform, management, and/or affected individual(s)) deal with the events? Were services shut down? Were announcements made? Were groups formed?
Ultimate Outcome
What was the end result? Was any investigation done? Were any individuals prosecuted? Was there a lawsuit? Was any tracing done?
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
- ↑ SlowMist Hacked - SlowMist Zone (Accessed Aug 19, 2024)
- ↑ @PeckShieldAlert Twitter (Accessed Aug 19, 2024)
- ↑ Ava Labs首席运营官X账户疑似被盗，请勿与之交互_快讯-odaily (Accessed Aug 21, 2024)