Jupiter, a well-known Solana-based decentralised exchange (DEX) aggregator, recently fell victim to a serious security breach, with its official X (formerly Twitter) account being hijacked. As of now, the platform is still battling to regain full control.
The hacker used Jupiter’s account to promote a fraudulent meme coin, $MEOW, causing panic among users. Many unsuspecting traders were lured into buying the fake token, resulting in millions of dollars in losses within just a few minutes.

In response, Jupiter Mobile quickly alerted its community, warning them not to engage with any links shared via the compromised account. However, the attacker persisted, soon using the platform to push yet another suspicious token, $DCOIN.
The breach has had devastating consequences, with several users reporting that they lost valuable assets. The incident has also raised fresh concerns about security in the decentralised finance (DeFi) space, particularly regarding how a platform managing billions in liquidity could fall victim to such an attack.
As Jupiter struggles to contain the damage and recover its account, the crypto community is left grappling with the wider implications of the breach. Trust in security measures across DeFi platforms has once again been shaken, and for now, it is the users who continue to bear the brunt of the attack.