by Coinstrooper Crypto Articles
Quick Take
  • On-chain tracker Lookonchain traced the stolen funds across two wallets.
  • The scheme mirrors a run of high-profile account takeovers aimed at promoting fraudulent tokens.
  • According to Lookonchain, the attacker promoted the SCATMAN meme coin after allegedly compromising the SpaceXAI and Starlink X accounts.
  • Screenshots widely shared on social media appeared to show both accounts reposting content from the SCATMAN account.

What Happened

A hacker rug pulled a token called SCATMAN after reportedly seizing control of the SpaceXAI and Starlink accounts on X, walking away with roughly $125,000 in Ethereum (ETH).

Account Hacks Fuel a String of Rug Pulls

In February 2025, hackers seized Pump.fun’s X account to push a fake PUMP token. One wallet earned over $135,000 within a minute.

Each case follows the same pattern. A breach, a fast token launch, and a quick sell-off before the platform regains control.

The post SpaceX, Starlink X Accounts Hacked to Push SCATMAN Rug Pull appeared first on BeInCrypto.

Market Context

On-chain tracker Lookonchain traced the stolen funds across two wallets. The scheme mirrors a run of high-profile account takeovers aimed at promoting fraudulent tokens.

Inside the SCATMAN Rug Pull

Why It Matters

As of press time, the reposts were no longer visible on the SpaceXAI and Starlink accounts, and BeInCrypto could not independently verify the claims. BeInCrypto has reached out to SpaceX for comment and will update this story if it receives a response.

Details

According to Lookonchain, the attacker promoted the SCATMAN meme coin after allegedly compromising the SpaceXAI and Starlink X accounts. Screenshots widely shared on social media appeared to show both accounts reposting content from the SCATMAN account.

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Lookonchain said the attacker minted 10 trillion SCATMAN. They then sold the entire supply for 59 ETH, worth about $108,000.

The analytics platform also identified a second wallet linked to the same attacker that sold an additional 59.28 million SCATMAN tokens for 14.7 ETH, worth approximately $27,000.

In total, the two wallets generated nearly $125,000 in ETH. Lookonchain identified the following addresses as belonging to the attacker:

0xfee50d4ce48f2d05f520ce04c875647e4870a8ba

0xdd9f6d3e16ebda7f35cb694ceadb50af3eebba89

Hijacked social media accounts have become a common vehicle for rug pulls. Scammers borrow the credibility of trusted brands to lure buyers.

Political figures have faced the same tactic. Attackers hijacked former Malaysian Prime Minister Mahathir Mohamad’s account to promote a token, stealing $1.7 million.

Myanmar’s junta leader and World Liberty Financial co-founder Zach Witkoff faced similar breaches earlier that year.

Victims range from crypto platforms to heads of state. The common thread is a trusted account weaponized for a single, fast payout.

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