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BNB Chain hackers lose $22k profit as community pumps rugpulled meme coin 500%

Community pumps hacker’s “4” token by 500% in an ironic comeback after rugpull.

by Moses Edozie
2 days ago
in Crypto News
Reading Time: 3 mins read
0
BNB Treasury Firm Power Move

BNB Treasury Firm Power Move

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On October 1, 2025, the BNB Chain X account hacker compromised the blockchain project’s verified English-language social media handle, tricking users into clicking malicious phishing links. The breach occurred around 05:30 UTC, when the attacker posted multiple fraudulent messages advertising a fake airdrop event for BNB holders.

The hacker’s scheme involved at least 10 separate posts containing wallet-draining links. According to Binance’s post-mortem report, the damages reached approximately $8,000, with the largest individual loss amounting to about $6,500.

At 08:30 UTC, Binance’s security team confirmed that they had regained control of the compromised account. “The root cause of the hack is still under investigation,” the company stated, promising that victims would be fully compensated for their losses.

The BNB Chain X account hacker did not stop at phishing. He redirected part of the stolen funds into a little-known meme coin called “4”, which had been largely dormant in the market for about a year.

Meme coin “4” briefly soars 500%

After seeding the token with stolen assets, the BNB Chain X account hacker orchestrated a pump-and-dump scheme, cashing out for an estimated $22,000 profit. Initially, the rugpull appeared to mark the end of the story. Instead, it sparked an unusual community response.

According to blockchain analytics platform pump.fun, the “4” token surged by over 500% in value within hours, reaching a market capitalization of nearly $19,400 and a 24-hour trading volume of $57,400. At its peak, the token rose 185% in just one hour before eventually stabilizing.

Former Binance CEO Changpeng “CZ” Zhao noted the irony of the situation.

> “Interestingly, after the hacker dumped ALL his tokens for a $4k gain, the community took over and bought the meme coin higher, as a mock to the hacker. Funniest comeback by the community!” — Changpeng Zhao, former Binance CEO, in a post on X

The meme coin’s branding itself added to the spectacle. Its logo depicts a cartoon version of Zhao holding up four fingers, a reference to his four-month U.S. prison sentence earlier this year.

BNB Chain hacker’s meme coin “4” briefly rose by 500% after he rug-pulled the tokens | Source: pump.fun

Community mocks the hacker with token takeover

Instead of letting the rugpulled project collapse, traders across the BNB ecosystem collectively began buying into the “4” token, effectively turning the scam against the scammer. Social media users celebrated the move, framing it as a symbolic victory over the BNB Chain X account hacker.

LCZ described the reaction as the “funniest comeback,” emphasizing that after the attacker’s exit, there were no tokens left in his wallet. The rally was purely driven by the community.

Data confirms that the token hit what analysts call a “golden candle” — a sudden surge caused by collective buying pressure. Although its market cap remained modest, the trading activity demonstrated the crypto sector’s capacity to transform exploits into satirical financial events.

Binance promises compensation as investigation continues

Following the incident, Binance reiterated that the BNB Chain X account hacker caused limited financial damage compared to previous industry breaches. Nonetheless, the company acknowledged the seriousness of the compromise.

“The team promised to fully compensate victims of the hack who lost their funds in the process,” Binance’s report stated. The Chinese-language version of BNB Chain’s account also confirmed that an “unidentified third party” had been behind the attack.

While the financial fallout was relatively minor at $8,000 in total damages, the hack once again highlighted the risks of centralized social media accounts being used as attack vectors in the crypto industry.

The broader implications

For crypto investors, the saga of the BNB Chain X account hacker underscores the dual nature of digital assets: high risk and unpredictable community-driven outcomes. Phishing attacks remain one of the most common methods of theft, while meme coins can become tools for both exploitation and collective mockery.

In this case, what began as a routine account compromise ended with a community-fueled surge in a meme coin that was previously insignificant. The “4” token, though unlikely to sustain long-term value, became an emblem of the crypto community’s resilience — and its ability to laugh at the expense of a hacker.

Tags: binanceBnb chainBNB Chain X account hackerChangpeng ZhaoCrypto scamsmeme coinphishingpump and dumprugpullsocial media hack
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Moses Edozie

Moses Edozie

Moses Edozie is a writer and storyteller with a deep interest in cryptocurrency, blockchain innovation, and Web3 culture. Passionate about DeFi, NFTs, and the societal impact of decentralized systems, he creates clear, engaging narratives that connect complex technologies to everyday life.

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