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XRP lawyer John Deaton suffered a phone hack on June 4 after a relentless cyberattack spanning several days.
CryptoLaw, an account created by an attorney representing over 76,000 XRP token holders in Ripple’s lawsuit against the U.S. Securities and Exchange Commission (SEC), responded to a tweet from an attorney account hacker. CryptoLaw clarified that the tweets did not come from Deaton, but from hackers, and immediate steps are being taken to rectify the situation.
The hack came as Deaton was celebrating his birthday amid wishes from all corners of the cryptocurrency asset community. The tweets coming from the hackers promoted a cryptocurrency called the $LAW token, which currently has virtually no market capitalization. Known for his determination to oppose regulatory enforcement action taken by United States agencies, the lawyer has established himself as a highly influential figure in the cryptocurrency market community.
The spread of false information and misleading financial data in the cryptocurrency market is a significant risk, given that traders often rely on the advice of influential figures in the industry. Such actions not only threaten the stability of the market, but also give regulators additional reason to treat the industry with a sense of discretion and caution.
John Deaton recently took active steps to communicate with his Twitter followers, using his daughter Jordan Deaton’s Twitter account to notify them of his own account being compromised. Deaton asked the community to report the unauthorized access and hacking of his official Twitter handle.
Related: Everything XRP Holders Shouted Is “Confirmed” – Pro-XRP Advocate
Some members of the XRP community reacted positively to Deaton’s request and posted more tweets to alert more users to the situation. A user known as @osakaranarson posted a step-by-step procedure on Twitter explaining to other users how to report an account as a hack. Dozens of other users have left responses indicating that they have successfully reported an account breach.
Cointelegraph has reached out to them, but they have not yet responded to our request for comment at this time.