KAITO price drops 9% after false supply FUD – Hacker walks away with $1 mln – BitRss

• KAITO dropped to $1.30 before recovering, showing vulnerability to social media-driven manipulation.
• Blockchain analysts linked the attack to previous DB X account hacks and similar schemes.

A targeted cyberattack compromised Kaito AI’s official X (formerly Twitter) account and the personal account of its founder, Yu Hu, in what appears to be a deliberate market manipulation scheme.

The attackers falsely claimed Kaito [KAITO] wallets were compromised, triggering panic among investors.

A now-deleted post from Kaito AI’s official X account stated,

“We have identified irregular activity in multiple wallets linked to Kaito AI. Our team is actively investigating to assess the potential impact. Initial reports suggest that a percentage of the token supply may have been compro…