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Microsoft confirmed that its official X account was hacked for approximately 30 minutes, during which it was used to promote a Clippy meme coin.
The company stated it never authorized this activity and will pursue legal action against those responsible.
Additionally, Microsoft noted that accounts linked to Robinhood's CEO, SpaceX, and Starlink were also compromised this year to promote meme coins.
Reporting aggregated and summarized by CLOM — research & education, not financial advice.