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Thursday, November 5, 2026

Hackers Impersonate Saudi Crown Prince to Promote Fake ‘Official’ Memecoins

by marketdash
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Hackers took control of the Saudi Law Conference’s social-media account on X, using it to impersonate Crown Prince Mohammed bin Salman and promote fraudulent cryptocurrencies.

In a series of now-deleted posts, the scammers used the name and image of the crown prince, who serves as Saudi Arabia’s prime minister, to promote an “Official Saudi Arabia Memecoin” as well as a “FALCON Memecoin.” The posts were accompanied by contract addresses to identify the tokens.

The conference, a major legal event in the country, confirmed on LinkedIn that the official X account was compromised and advised users that any “content published through the account does not represent our views or official positions…



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