Meet Lucy Powell, the UK’s Leader of the House of Commons. You’d think a high-ranking politician would have her online security locked down tighter than a vault, right? Wrong.
Her X account got hacked, and the culprits didn’t even aim high, they used it to push a scam crypto token called simply House of Commons Coin.
Maybe there is a room for more creativity, but never mind.
Leader of the House of Commons Lucy Powell has had her X account hacked and is promoting a House of Commons cryptocurrency pic.twitter.com/05KKYfS8ho
— Daniel Green (@DanGreenJourno) April 15, 2025
Smoke and mirrors
On April 15, Powell’s account started spewing out posts hyping HOC as a community-driven digital currency.
Sounds fancy, but don’t be fooled, it was all smoke and mirrors. Her team quickly confirmed the hack and scrubbed the misleading posts faster than you can say cybersecurity breach.
Let’s talk numbers because this scam was more flop than blockbuster. According to DEX Screener, HOC peaked at a $24,000 market cap.
That’s pocket change in the crypto market. It managed just 736 transactions and a trading volume of $71,000 before fading into obscurity.
Honestly, it’s like trying to sell counterfeit Rolexes at a flea market, nobody’s buying.
Politics
But here’s where it gets interesting, because Powell isn’t the first politician to get tangled up in crypto drama.
Remember Donald Trump and Melania promoting memecoins before stepping into the White House?
That stunt sparked backlash from critics and supporters alike. And let’s not forget Argentine President Javier Melei pushing LIBRA, a token that crashed so hard it caused a political scandal and calls for an investigation.
Powell’s hack also echoes another breach from the near past.
In March, Ghana’s President John Mahama had his X account hijacked for 48 hours to promote Solanafrica, another scam coin claiming to revolutionize payments across Africa.
⚠️ SCAM ALERT: The X account of Ghana's President, @JDMahama, has been compromised and is posting a crypto scam.
Solanafrica claims to be "a project led by Ghana's president John Mahama to make payments across Africa free using the Solana blockchain." pic.twitter.com/PZ2cxNYENo
— CediRates (@CediRates) March 16, 2025
Same playbook, big promises, fake legitimacy, and zero payoff.
Don’t trust
First off, politicians need better cybersecurity, seriously. These hacks aren’t just embarrassing, but they’re pretty dangerous.
They exploit public trust and leave unsuspecting followers vulnerable to scams. Second, scammers are getting bold but not necessarily smarter.
Hacking high-profile accounts might grab attention, but when your scam coin barely scrapes together $24K, it’s clear you’re playing in the minor leagues.
Finally, for the rest of us, stay sharp out there. If a politician, or anyone starts hyping some revolutionary crypto project out of nowhere, think twice before you buy in.
Because chances are, it’s less about innovation and more about someone trying to make a quick buck at your expense.
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