Sheffield United’s X Account Hack Promotes Fake Meme Coin

The incident’s implications are significant due to Sheffield United’s existing crypto partnerships and the potential for investor confusion.

The hacking of Sheffield United’s official X account underscores the vulnerability of social media platforms in promoting fraudulent tokens. The breach on May 19, 2025, was used to support a fake Solana token, disrupting the club’s credibility within the cryptocurrency space. Sheffield United has previously engaged with Maneki, a Solana-based cat-themed meme coin, which may have made them a target. This incident raises concerns over the club’s crypto-related strategies and investor interests.

High-profile social media hacks

High-profile social media hacks continue affecting the cryptocurrency landscape, creating risks for financial and sports firms. Notably, the incident could harm both the club’s and Maneki’s reputations. Mark Johnson, Blockchain Investment Advisor at CoinInsights, noted,

Social engineering attacks targeting well-known brands are becoming alarmingly common as hackers exploit established trust.

Despite the lack of immediate financial losses, the hack presents potential regulatory and security challenges for social media and cryptocurrency sectors. Similar incidents have previously created legal and financial complexities. Enhanced security measures are essential to prevent future breaches and protect digital engagements.