HACKED CARDANO FOUNDATION X ACCOUNT POSTS FAKE TOKEN, FALSE SEC LAWSUIT NOTICE

Summary from the TLDR Crypto newsletter

Cardano Foundation's X account was hacked on Sunday. The unknown hacker posted a fake Solana-based Cardano token and later falsely stated that there was an SEC lawsuit against the foundation. The hacker's attempt to decrease ADA's price may have had some impact on its 3.8% decrease on Sunday.