The Algorand Foundation announced on X (formerly Twitter) that its CEO Stacy Warden's X account had been compromised and asked the community to refrain from clicking on links or responding to direct messages.
‼️ @StaciW_DC's account has been compromised.
Please do not click on any links on her account or respond to DMs.
We are in the process of recovering it.
— Algorand Foundation (@AlgoFoundation) January 26, 2024
On January 26, the Warden X account posted a post that called the Algoranda community poor, but used a known racial slur to indicate that someone else was running the account. The hacker then encouraged the community to sell Algorand (ALGO) and buy Ether (ETH) instead.
Following the post, the attacker shared a satirical story about how Tron founder Justin Sun wanted to take Algorand to “new heights.” According to the hacker, all they had to do was give Sun “full control” of Algorand and allow it to mint any token back into True USD (TUSD). Hacker wrote:
“Of course, I immediately accepted this offer. Soon Algorand will be pegged to the VERY REAL US dollar and a new era of digital commerce will begin.”
The hacker also used satire, claiming that Sun's projects would be responsible for the next “major cryptocurrency financial collapse.”
In addition, the hacker also posted music on the account and changed Warden's profile bio, claiming that the CEO had defrauded the community out of a six-figure sum and tricked them into thinking it was a hack. The hacker also changed Worden's bio, saying that Worden had already left the Algorand Foundation and was now a “semi-professional pole dancer.”
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Some community members, apparently intrigued by the hacker's antics, responded to the Sun post. User X responded to the post saying Algorand should hire an exploiter, while another said Algorand should let him “run the account.”
Meanwhile, other community members took the opportunity to criticize Worden. Cryptocurrency detective ZachXBT reported that the hacker could become the “best CEO” of the Algorand Foundation. Another user, X, reported that Worden is eligible for an intern position with the SEC, whose X account was hacked on January 9th.