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BREAKING NEWS: Coins.ph X Account Hacked to Promote Fake Token on Pump.Fun

Photo for the Article - BREAKING NEWS: Coins.ph X Account Hacked to Promote Fake Token on Pump.Fun

Update: As of 12:33pm: The compromised messages on the Coins X account are deleted.

The official Twitter account of locally licensed crypto exchange Coins.ph was compromised on Dec. 2, posting a fake announcement about a new token, $COINSPH, allegedly launched on the Solana blockchain.

Details:

Photo for the Article - BREAKING NEWS: Coins.ph X Account Hacked to Promote Fake Token on Pump.Fun
  • The tweets claimed $COINSPH is an “ETF-like token” designed to track crypto market sentiment.
  • A contract address was shared, along with promotional language describing the token as a “crypto trend compass.”
  • The hackers also emphasized Solana’s low fees and speed, claiming the blockchain is “the perfect home” for the project.
  • The posts urged users to “buy $COINSPH now” and become “early supporters,” signaling a phishing scam.

The messages posted on X does not appear on the Coins.ph Facebook account and other channels.

Photo for the Article - BREAKING NEWS: Coins.ph X Account Hacked to Promote Fake Token on Pump.Fun

Users are advised:

  • Avoid interacting with the shared contract address.
  • Refrain from purchasing or promoting $COINSPH.
  • Wait for Coins.ph to release an official update.
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This is a developing story: Coins.ph Twitter Account Compromised to Promote Fake Token Launch on Pump.Fun

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