The Cyber Security Authority (CSA) has confirmed that the official Twitter (X) account of President John Dramani Mahama was compromised and exploited to promote a suspicious cryptocurrency known as “Solana Africa.”
In a press release on March 18, 2025, the CSA disclosed that the breach occurred during the early hours of March 17. Hackers hijacked the account to lend credibility to Solana Africa, a cryptocurrency scheme that has now sparked concerns over digital security for high-profile individuals.
The CSA revealed that the attack may have been part of a coordinated scam designed to deceive investors. Following Mahama’s apparent “endorsement,” Solana Africa’s market capitalization soared to an estimated $2.4 million. However, the cryptocurrency’s value plummeted within hours, crashing to a mere $7,000 after liquidity was siphoned off.
Preliminary analysis indicates the perpetrators likely pocketed about $1.9 million before dumping the tokens and crashing the market—a classic “rug pull” manoeuvre often associated with cryptocurrency fraud.
Public Assurance and Ongoing Efforts
The CSA assured the public that it is collaborating with X (formerly Twitter) and other international partners to investigate the breach. The agency also emphasized its commitment to enhancing cybersecurity measures for public figures and institutions to prevent similar incidents.
“This incident underscores the urgent need for heightened social media security protocols and public vigilance against scams,” the statement said.
Growing Trend of High-Profile Hacks
The attack on Mahama’s account highlights a troubling trend of prominent figures being targeted to lend legitimacy to fraudulent schemes. The CSA has urged public figures and their teams to adopt stricter security practices, including two-factor authentication and periodic audits of their online platforms.
The agency pledged to provide further updates as the investigation unfolds while advising the public to remain cautious about unsolicited investment opportunities promoted through social media accounts.
The breach not only raises questions about platform security but also serves as a wake-up call for enhanced global efforts to combat digital fraud and protect the online presence of influential individuals.
Story by: Mercy Addai Turkson #ahotoronline.com
