The X account of Supra Labs CEO Josh Tobkin was compromised on June 5, with attackers using the profile to promote fraudulent $SUPRA tokens on Solana and Ethereum and direct users to a phishing airdrop website. Supra Labs quickly warned users not to send funds or connect wallets, stressing that its official token operates on the project’s Layer-1 mainnet launched in 2024. The incident highlights ongoing social engineering risks in the crypto industry, where compromised social media accounts are frequently used to distribute scams. Team members issued alerts across community channels while Tobkin works to regain account access. No confirmed user losses have been reported so far. Supra Labs urged users to rely only on official communication channels for updates and token information.
CoinPedia has been delivering accurate and timely cryptocurrency and blockchain updates since 2017. All content is created by our expert panel of analysts and journalists, following strict Editorial Guidelines based on E-E-A-T (Experience, Expertise, Authoritativeness, Trustworthiness). Every article is fact-checked against reputable sources to ensure accuracy, transparency, and reliability. Our review policy guarantees unbiased evaluations when recommending exchanges, platforms, or tools. We strive to provide timely updates about everything crypto & blockchain, right from startups to industry majors.
All opinions and insights shared represent the author's own views on current market conditions. Please do your own research before making investment decisions. Neither the writer nor the publication assumes responsibility for your financial choices.
Sponsored content and affiliate links may appear on our site. Advertisements are marked clearly, and our editorial content remains entirely independent from our ad partners.
Analysts have previously argued that XRP needs to reach at least $10 to deliver the…
XRP briefly touched $1.00 on Thursday before bouncing back, and the crypto community is as…
Michael Saylor and Strategy have become inseparable from the Bitcoin narrative. With holdings exceeding 847,000…
The broader crypto market remains under heavy selling pressure as risk assets continue to struggle…
The broader crypto market remains under intense pressure as a tech-led global sell-off continues to…
Today’s Memecore incident is a stark reminder that leverage works both ways, and this time,…
