Pro-XRP lawyer, John Deaton, has suffered a phone hack on June 4, after a relentless cyberattack over several days.
CryptoLaw, an account created by the attorney representing over 76,000 XRP token holders in the Ripple Vs U.S. Securities and Exchange Commission (SEC) lawsuit, responded to the hacker's tweet from the attorney's account. CryptoLaw clarified that the tweets were not coming from Deaton but from hackers and immediate steps are being taken to remedy the situation.
The hack happened as Deaton celebrated his birthday amid wishes from all corners of the crypto asset community. Tweets coming out from the hackers promoted a cryptocurrency named $LAW token, which has an almost non-existent market cap currently. Known for his resolve in confronting regulatory enforcement measures implemented by United States agencies, the attorney has established himself as a highly influential figure within the crypto market community.
The dissemination of false information and deceptive financial data within the crypto market poses a significant risk, given that traders often rely on guidance from influential figures in the industry. Such actions not only jeopardize the market's stability but also provide regulators with additional grounds to approach the industry with a sense of prudence and caution.
In a recent development, John Deaton took proactive measures to communicate with his Twitter followers, utilizing his daughter Jordan Deaton's Twitter account to notify them of the compromise his own account had undergone. Deaton asked the community, to report the unauthorized access and hacking of his official Twitter handle.
Related: Everything XRP holders have been shouting has ‘been confirmed’ — Pro-XRP lawyer
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