On May 11, Keith Gill’s verified X account was apparently compromised and used to promote Solana meme coin Red Kitten Crew (RKC), briefly driving its market cap to ~$11–$12M before collapsing. Blockchain analytics show a developer spent ~20 SOL (~$1,950) across 10 wallets to buy 39.52% of supply (395.18M RKC), sold those holdings for ~5,071 SOL (~$495,000), collected ~1,209 SOL (~$118,000) in creator fees, and over 80 wallets extracted roughly $2.86M during the rally. Unverified social speculation has linked Kevin Gill to the launch; neither Keith Gill nor his reps have commented. The incident follows previous X account hijacks used to pump Solana tokens.

Verified X account was reportedly compromised and used to promote RKC, causing a short-lived market-cap spike and collapse; on-chain data show concentrated buying (39.52% supply) and coordinated selling resulting in ~ $2.86M withdrawn across >80 wallets, indicating a pump-and-dump with real realized losses.