The Animoca Brands joint creation account has been regained control by the X platform, and is currently verifying the real ownership of the account

On December 26, Moca verse stated on platform X that this morning, despite having two-factor authentication (2FA) set up, the official X account @ysiu of Yat Siu, co-founder of Animoca Brands, was still compromised due to unauthorized access. Criminals used this account to post false information and links about a counterfeit SOLANA token. It has been confirmed that platform X has regained control of the @ysiu account and is currently verifying the real ownership of the account.

Evidence suggests that this may have been an identity theft incident as standard security measures such as two-factor authentication were in place for the account. Stronger security solutions are being considered and implemented. The official accounts of Animoca Brands, Moca Network or MOCA Foundation have not been compromised and strict security measures have already been taken. As a safety measure, all key members and official accounts have updated all identity verifications. No other vulnerabilities or unauthorized activities were found.