Security Alert: ZachXBT Uncovers Sophisticated X Account Scheme Posing as Wallet Breach Victim

Blockchain security researcher ZachXBT has identified a coordinated impersonation scam operating on X (formerly Twitter), with an account masquerading as a Trust Wallet vulnerability victim. According to findings shared on December 26 (UTC+8), the fraudulent profile exhibits several telltale markers of malicious activity designed to exploit community trust and attention.

Red Flags Behind the Deception

The suspicious account demonstrates a pattern consistent with organized scam operations. Over the course of its activity, the profile recycled its identity at least 44 times by changing usernames repeatedly, a tactic often employed to evade detection and accountability. Beyond identity manipulation, the account maintained minimal content presence—a classic strategy to reduce exposure to public scrutiny while maximizing engagement through targeted interactions.

What makes this scheme particularly cunning is the pre-blocking mechanism. The account proactively blocked its own posts from public view, creating artificial scarcity and exclusivity around claimed “victim information.” This manufactured narrative leverages psychological manipulation, encouraging users to interact while concealing the true nature of subsequent requests—typically for funds or sensitive data.

The Larger Pattern

ZachXBT’s investigation reveals this account was simultaneously linked to multiple memecoin pump-and-dump schemes, indicating a broader coordinated fraud network. The cross-pollination between impersonation tactics and token manipulation underscores how sophisticated scam operations have become in exploiting Trust Wallet’s reputation and the broader Web3 community’s vulnerability to social engineering.

What Users Should Watch For

The key takeaway from ZachXBT’s findings: legitimate security disclosures from wallet providers come through official channels, never through individual X accounts with suspicious behavior patterns. Users encountering similar accounts—especially those with frequent username changes, minimal posting history, or pre-blocked content—should treat them as potential threats and report them immediately.