Pro-XRP lawyer, John Deaton, suffered a phone hack on June 4 amid a relentless cyberattack over several days.
CryptoLaw, an account created by the attorney representing over 76,000 XRP (XRP) tokenholders in the Ripple vs. United States Securities and Exchange Commission (SEC) lawsuit, responded to the hacker’s tweet from the attorney’s account. CryptoLaw clarified that the tweets were not from Deaton but from hackers, and immediate steps are being taken to remedy the situation.
The hack occurred as Deaton celebrated his birthday, with wishes coming from all corners of the crypto community. Tweets from the hackers promoted a cryptocurrency token called LAW, which has an almost nonexistent market cap. Known for his resolve in confronting regulatory enforcement measures implemented by U.S. agencies, the attorney has established himself as an influential figure within the crypto community.
The dissemination of false information and deceptive financial data within the crypto market poses a significant risk, given that traders often rely on guidance from influential figures in the industry. Such actions jeopardize the market’s stability and provide regulators with additional grounds to approach the industry with a sense of prudence and caution.
Deaton took proactive measures to communicate with his Twitter followers, utilizing his daughter Jordan Deaton’s Twitter account to notify people of the hack. Deaton asked the community to report the hack.
Some members of the XRP community responded positively to Deaton’s plea and went ahead to post more tweets to alert more users of the situation. A user known as @osakaranarson went on to tweet a step-by-step procedure, enlightening other users on how to report the account as hacked. Dozens of other users left responses indicating that they had successfully reported the account as hacked
Cointelegraph has reached out to them but they have not yet responded to our request for comment at this time.