Hackers compromise SpaceX and Starlink X accounts to promote SCATMAN memecoin before rug pull
first published 2026-07-14T14:30:12Z
Hackers took over SpaceX and Starlink’s X accounts to advertise the SCATMAN memecoin. On-chain data indicates the attackers minted 10 trillion SCATMAN, sold tokens for about $108,000 in ETH, and used another wallet to sell more for another $27,000 in ETH before the rug pull.
AI Analysis
The summary describes a compromised social media campaign and a rug pull, with tokens minted and sold for ETH. This is clearly negative for the promoted token and could move related memecoin sentiment quickly, though it is not a broad market event.
Expected Investor Sentiment: Very Bearish
Potential Market Impact: Significant