John Deaton, a pro-XRP attorney, experienced a phone hack on June 4 as a result of a persistent cyberattack that lasted several days.
The hacker’s tweet was addressed by CryptoLaw, an account set up by the lawyer who is defending over 76,000 XRP token owners in the Ripple v. United States Securities and Exchange Commission (SEC) litigation.The tweets, according to CryptoLaw, were posted by hackers, not Deaton, and immediate action is being taken to correct the situation.
As Deaton celebrated his birthday and received well wishes from all across the crypto community, the hack happened.The hackers’ tweets touted the LAW cryptocurrency token, which has a minuscule market worth.The lawyer, who is well-known for his tenacity in taking on regulatory enforcement measures put in place by American agencies, has made a name for himself as a leading player in the cryptocurrency industry.Given that traders frequently follow advice from powerful players in the sector, the spread of fraudulent information and misleading financial data poses a serious concern within the cryptocurrency market.Such activities put the stability of the market in jeopardy and give regulators more justification to approach the sector with care and discretion.
Deaton used his daughter Jordan Deaton’s Twitter account to inform people about the hack as part of his proactive outreach to his Twitter followers.Deaton requested that the public report the hack.
Deaton’s request was favourably received by several members of the XRP community, who then tweeted about it to inform other users of the issue.Osakar Arnarson, a Twitter user, issued a step-by-step guide that instructed other users on how to report the compromised account.Numerous additional users also sent their responses, showing that they had successfully reported the attack.