Hacker nets $135K promoting memecoin via hacked SpaceX, Starlink accounts

A hacker who compromised the X accounts of SpaceX and Starlink earned approximately $135,000 by promoting a memecoin they created called SCATMAN. According to Lookonchain, the hacker minted 10 trillion SCATMAN tokens and sold the entire supply to purchase 59 ETH, worth $108,000. From a separate wallet, the hacker also sold 59.28 million SCATMAN for an additional 14.7 ETH, valued at $27,000.