Hackers Hijack UK Minister’s X Account to Push Fake Crypto: The House of Commons Coin 🪙

In a plot twist no one saw coming, UK government minister Lucy Powell’s X account was hacked to promote a cryptocurrency so fake it made Monopoly money look like Fort Knox gold. The coin, hilariously dubbed “$HCC” (House of Commons Coin), was pitched as a “community-driven” digital currency. Because nothing says “community” like a scam cooked up by hackers in their mom’s basement. 🏠💻

When the House of Commons Meets the House of Cards

The now-deleted posts on Powell’s account were so convincing they even slapped on the official House of Commons logo. Because why not? If you’re going to scam people, you might as well do it with style. The hack was confirmed on Tuesday morning, and the account was secured faster than you can say “crypto bro.” But not before the internet had its fun. 🎭

Lucy Powell, MP for Manchester Central and Leader of the House of Commons, has 70,000 followers. That’s 70,000 people who were probably wondering, “Is this legit, or did my aunt finally figure out how to use Twitter?” The hack is especially concerning given her high-profile position. Or, as I like to call it, “the perfect target for a quick cash grab.” 💰

Pump, Dump, and Run for the Hills

This hack is a classic case of a “pump and dump” scam, where fraudsters inflate a coin’s value with fake hype and then cash out faster than a kid on a sugar rush. Luke Nolan from CoinShares called it out, noting that only 34 transactions were made, netting the scammers a whopping £225. That’s less than what I spent on coffee last month. ☕

He said: “It appears that the tweet got deleted quite quickly, which meant that the deployer (person who made the coin) did not really get a chance to extract that much from people who might have invested in the coin.”

Translation: The scammers were about as successful as a screen door on a submarine. 🚤

Cybersecurity: The New Black

A spokesperson for the House of Commons stated that cybersecurity is a top priority. Which is great, because nothing screams “secure” like a hacked account promoting fake crypto. They also mentioned they provide advice to members on digital safety, but let’s be real—if you’re still using “password123,” no amount of advice is going to save you. 🔒

Action Fraud, the UK’s national fraud and cybercrime reporting center, reported a rise in social media and email hacks in 2024, with over 35,000 incidents. Their advice? Use two-step verification and strong, unique passwords. Or, you know, just stop clicking on links that say, “You’ve won a free iPhone!” 📱

Never Miss a Beat in the Crypto World!

Stay ahead with breaking news, expert analysis, and real-time updates on the latest trends in Bitcoin, altcoins, DeFi, NFTs, and more. Because if you don’t, you might just fall for the next House of Commons Coin. 🚨

Read More

2025-04-15 16:26