Incident case file
Sign in to watchSCATMAN Memecoin — SpaceX & Starlink X Account Hijack + Uniswap V2 Dump
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Estimated loss
Victims identified
Investigation
Facts and investigation
Attacker: Wallet 1: 0xfee50d4ce48f2d05f520ce04c875647e4870a8ba (dumped 10 trillion SCATMAN for 59.0856 ETH ~ $108K). Wallet 2: 0xdd9f6d3e16ebda7f35cb694ceadb50af3eebba89 (dumped 59.28M SCATMAN for 14.7296 ETH ~ $27K). Total attacker gain: ~73.8 ETH ~ $135K per Lookonchain.
Timeline: July 12, 2026 (all times UTC approximate): ~08:00 UTC compromise of @SpaceXAI and @Starlink X accounts. ~08:00-09:00 UTC accumulation phase — attacker Wallet 2 buys SCATMAN via Uniswap V2 (0.1215 ETH → 21.88M SCATMAN, then 0.2000 ETH → 38.35M SCATMAN). ~08:30 UTC promotion phase — @SamCatmanRH posts $SCATMAN cashtag, the hijacked @SpaceXAI and @Starlink accounts repost it (visible in screenshots: 'Starlink reposted', 'SpaceXAI reposted') — a pattern that leverages the X algorithm and delays takedown vs. posting directly from compromised accounts. Token pumps rapidly on retail FOMO — SCATMAN briefly reaches a market cap reported between ~$800K-$2M (SolanaFloor/DEX Screener) and up to ~$32M (Bitcoin.com), figures vary. ~09:00 UTC: Wallet 1 dump — 10 trillion SCATMAN swapped to 59.0856 ETH via Uniswap V2. ~09:15 UTC: Wallet 2 dump — 59.28M SCATMAN swapped to 14.7296 ETH. ~10:00-11:00 UTC: Wallet 2 offloads 14.74 ETH via 2 splits (7.70 ETH + 7.04 ETH) to fresh wallets. Token crashes ~98%. Compromised X accounts eventually recovered. Total attacker profit ~$135K per Lookonchain analysis. No recovery mechanism — retail buyers took losses. No official post-mortem published by SpaceX or Starlink on the account compromise mechanism.
Sources and coverage
- Articlecoincentral.comhttps://coincentral.com/spacex-and-starlink-x-accounts-hacked-to-promote-scatman-meme-coin-rug-pull/
- Articleen.bloomingbit.iohttps://en.bloomingbit.io/feed/news/116098
- Articlenews.bitcoin.comhttps://news.bitcoin.com/spacex-starlink-x-accounts-hacked-scatman-memecoin/
- Articlebitcoinfoundation.orghttps://bitcoinfoundation.org/news/crimes-and-fraud-news/musk-accounts-scam/
- Articlecryptonews.nethttps://cryptonews.net
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