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Cyberattack on Roaring Kitty’s account siphons $2.8 million from crypto investors

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Security Breach of Keith Gill’s Twitter Account

On May 11, the verified Twitter account of Keith Gill, known as Roaring Kitty, experienced a significant security breach that led to a fraudulent promotion of a Solana-based meme token, Red Kitten Crew (RKC). This incident marked Gill’s first activity on the platform in over 16 months, with two posts appearing just before 21:13 UTC.

Details of the Incident

The initial post shared a contract address for the cryptocurrency, while the subsequent message featured a playful animated video that declared,

“red bandit crew 4 life.”

Both posts were removed within an hour, but not before the damage was done.

Blockchain analyst StarPlatinum was quick to highlight the breach, revealing that more than 80 wallets interacted with the meme token during a price surge that reportedly allowed traders to extract approximately $2.86 million. The market capitalization of RKC skyrocketed to between $11 million and $12 million shortly after the posts were made public, only to plummet once they were deleted.

Impact of the Hack

According to reports from Lookonchain, the hacker acquired a staggering 395.18 million RKC tokens, representing 39.52% of the total supply, by using only 20 SOL (around $1,950) spread across ten different wallets. These wallets subsequently offloaded their holdings for about 5,071 SOL (around $495,000). Additionally, the perpetrator earned over 1,200 SOL, approximately $118,000, in creator fees associated with Pump.fun.

Speculations and Similar Incidents

Unverified discussions circulating on social media have suggested that Kevin Gill, Keith’s brother, may have links to this hack, especially following the emergence of a livestream video showing a person resembling Kevin celebrating the token’s launch. However, neither Keith Gill, his brother, nor any of their representatives have publicly responded to these speculations, and no substantial evidence has been provided to confirm this theory.

This event adds to a troubling track record of similar incidents within the Solana ecosystem. Notably, in early 2025, the official Pump.fun account suffered a similar fate, being hijacked to promote a fraudulent governance token. Furthermore, in December 2024, the X account of Animoca’s co-founder, Yat Siu, was compromised to push another Solana meme coin as well.

Market Reactions

During this volatile episode, GameStop shares saw a spike of up to 13%, but ultimately, those gains evaporated quickly. Interestingly, Keith Gill has never promoted any meme coins publicly, nor has he commented on the recent activities surrounding his account, despite his prominence in the financial world stemming from the unforgettable GameStop short squeeze of 2021.

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