a16z X Account Compromised by Hackers Linking to Suspicious Airdrop

The social media account of a venture capitalist firm that manages tens of billions of dollars worth of assets has been hacked by bad actors linking to a suspicious crypto airdrop.

In a new thread on the social media platform X, prominent tech venture capitalist firm Andreessen Horowitz (a16z) says that its X account briefly suffered a security breach and was taken over to promote a fake digital asset.

“Earlier today, our X account was briefly compromised. During that time, the account promoted a token and other fake content – none of which originated from a16z. Apologies for any confusion caused by the clowns who temporarily took over our account.”

Andreesen Horowitz’s X account, which has 851,000 followers, was used to promote a new, nonexistent

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