Unknown bad actors have reportedly hacked rapper 50 Cent’s X account, stealing millions in crypto worth after promoting a “pump-and-dump” scheme.
A new study suggests that report Fox Business reports that the rapper claims his account on social media was hacked and a scammer made off with $3 million within an hour.
Fraudsters used the account of 50 Cent, with its 12.9 million subscribers, to promote crypto token GUNIT. – The popular hip-hop collective he cofounded – It is believed that an unknowable number of investors have purchased the stock.
The token was a scam, using the large following of the rapper on social media to boost the price.
A recent post 50 Cent informed his Instagram fans on Monday that both his X and website accounts were compromised. He also stated that he had no connection with the GUNIT Token.
“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.”
The data-aggregation platform Dex Screener reports that GUNIT has been a major success according to DEX. trading For $0.0001245 when writing this article with a cap market of $124,000.
Don’t Miss a Beat – Subscribe Receive email alerts directly in your mailbox
Check out the latest news and updates on our website. Price Action
Please follow us X, Facebook The following are some examples of how to get started: Telegram
Search for a way to surf The Daily Hodl Mix
 
Disclaimer: The Daily Hodl does not provide investment advice. Investors must do due diligence prior to making high-risk investment in Bitcoin, cryptocurrency and digital assets. You are responsible for any losses that you might incur. The Daily Hodl neither advises the purchase or sale of digital assets or cryptocurrencies, nor does it act as an investment advisor. The Daily Hodl engages in affiliate marketing.
Midjourney: Generated Image
“This article is not financial advice.”
“Always do your own research before making any type of investment.”
“ItsDailyCrypto is not responsible for any activities you perform outside ItsDailyCrypto.”
Source: dailyhodl.com
