Spot On Chain X Account Compromise Phishing

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Spot On Chain Logo/Homepage

Spot On Chain offers insights for those who are more active investors, to help spot trends and market changes. On October 5th, their Twitter account was compromised and used to post an airdrop for EIGEN tokens. The airdrop post was removed, and the account was recovered. No details were posted about what happened, nor any analysis of who was a victim. It is unclear if anyone was tricked and lost any funds.

About Spot On Chain

"Smart Trading For All. The AI-driven platform that makes traders smarter with on-chain insights."

"Streamlined on-chain signals. Stay ahead of the game just by scrolling through our feeds"

"Copy top smart traders. Boost your crypto investments by copying trades from the industry's leading smart traders."

"Discover hidden gems. Unlock new opportunities by finding and investing in under-the-radar assets with high potential."

"Earn with RoboTrade. Unlock passive income with the first ever Proof of Sentiment-driven RoboTrade system."

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 the crypto data tracking service Spot On Chain has reportedly been compromised."

Key Event Timeline - Spot On Chain X Account Compromise Phishing

Date	Event	Description
October 5th, 2024 7:07:00 AM MDT	SpotOnChain Tweets	Spot On Chain tweets prior to the account takeover.
October 5th, 2024 5:52:00 PM MDT	Get Control Spotty	The_As_Usual_1 tweets a response to one of the phishing tweets with "Get control Spotty"
October 5th, 2024 7:36:00 PM MDT	PANews Article Published	PANews publishes an article about the Spot On Chain protocol.
October 5th, 2024 11:54:00 PM MDT	DehuaFi Tweet Report	DehuaFi tweets about the reported hack.
October 6th, 2024 12:30:59 PM MDT	The Bit Journal Article	The breach of thr SpotOnChain account is mentioned in an article published by The Bit Journal.
October 6th, 2024 8:05:00 PM MDT	SpotOnChain Tweets	Spot On Chain tweets following the account takeover. There is no mention of the account takeover in any tweets.
October 7th, 2024 9:18:00 AM MDT	SlowMist Summary Inclusion	The incident is included in a summary put together by the SlowMist team to "see what the damage is like this week".

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

"The X account of the crypto data tracking service Spot On Chain has reportedly been compromised. It was said to have posted a fake EIGEN airdrop phishing link this morning, while also disabling the comment section for the tweet. Users are advised to be cautious and avoid interacting with the link."

"The account was hacked and used to post a fake EIGEN airdrop phishing link. Comments were disabled to prevent users from warning others."

"PANews News on October 6th that the X account of Spot On Chain, an encrypted data tracking service, was suspected to have been stolen. It is reported that the account issued a false EIGEN airdropped fishing link this morning, and at the same time closed the tweet review area, users need to be alert to access."

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.