A foul actor has reportedly hacked into rapper 50 Cent’s X account and stolen thousands and thousands of {dollars} price of crypto after selling a pump-and-dump scheme.(*50*)
In line with a brand new report by Fox Enterprise, the rap artist says that his social media account was hacked by a scammer who made away with $3 million in underneath an hour.(*50*)
50 Cent says that the fraudster used his account, which has 12.9 million followers, to advertise a crypto token often called GUNIT – a reference to the favored hip-hop group he co-founded – inflicting an unknown quantity of traders to buy it.(*50*)
Nonetheless, the token ended up being a pump-and-dump scheme, the place a fraudster created a brand new coin and used the rapper’s giant social media following to inflate its value earlier than promoting all holdings.(*50*)
In a current post on Instagram, 50 Cent notified his followers that his X account in addition to his web site had been compromised and in addition famous that he has no affiliation with the GUNIT token(*50*)
“My [X] and Thisis 50.com was hacked. I have no association with this crypto. [X] worked quickly to lock my account back down. Whoever did this made $3 million in 30 minutes.”(*50*)
In line with the decentralized alternate (DEX) data-aggregating platform Dex Screener, GUNIT is trading for $0.0001245 at time of writing with a market cap of $124,000.(*50*)
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Disclaimer: Opinions expressed at The Day by day Hodl usually are not funding recommendation. Buyers ought to do their due diligence earlier than making any high-risk investments in Bitcoin, cryptocurrency or digital property. Please be suggested that your transfers and trades are at your individual danger, and any losses it’s possible you’ll incur are your accountability. The Day by day Hodl doesn’t suggest the shopping for or promoting of any cryptocurrencies or digital property, neither is The Day by day Hodl an funding advisor. Please be aware that The Day by day Hodl participates in affiliate marketing online.
Generated Picture: Midjourney(*50*)
