In January 2024, the official accounts of well-known companies Netgear and Hyundai MEA on the social network platform X were hacked. The hackers aimed to spread cryptocurrency fraud, targeting the theft of user assets. The total number of subscribers to these accounts was about 160,000.

The Netgear account was renamed to BRC App and began distributing links to a fraudulent website, promising $100,000 to the first thousand registered users. The Hyundai MEA account was transformed into an account allegedly supported by Binance Labs and presented as a platform for the cross-platform role-playing game Overworld. Users who followed these links and connected their wallets lost control over their cryptocurrencies and NFTs.

The developers of the actual Overworld game warned their subscribers about the fake accounts and urged caution. Hyundai regained access to its account and removed the fraudulent links, while Netgear was only partially able to regain control over its account.

This incident highlights the need for caution on the internet, especially in the realm of cryptocurrencies and NFTs, where scammers are constantly looking for new ways to deceive.