• Jupiter Exchange’s official X account was hacked on Thursday.
• The hacker promoted fake memecoins on the JUP X account, resulting in rug pull.
• Investors should remain cautious and avoid trading fake memecoins.

Jupiter (JUP) exchange’s official X account was hacked on Thursday. A hacker compromised the JUP X account and promoted fraudulent memecoins, leading to a rug pull. Investors are advised to exercise caution and avoid trading memecoins of uncertain origin.

Jupiter exchange social media platform gets compromised

Jupiter exchange, Solana-based Decentralised Exchange (DEX) social media platform X, was hacked on Thursday. The account was used to promote