Animoca Brands' co-founder Yat Siu's X account was hacked to promote a fake ANIMOCA token, which surged 500% in 5 minutes. Animoca Brands confirmed the hack and warned investors. Yat Siu reported the issue to X's support team and will share insights on security vulnerabilities. Previous hacks include Anthropic's fake CLAUDE token and Drake's account promoting a fake meme coin. Access control vulnerabilities remain a primary cause of crypto losses. #AnimocaBrands #YatSiu #Crypto #Hack #Security