Alarm as Hackers Target Crypto Influencers and Celeb X Accounts

A series of prominent social media accounts, including those of traders, rappers, and Caitlyn Jenner, were recently hacked to promote various cryptocurrencies.

Among the compromised was the account of a well-known cryptocurrency investor, Gigantic-Cassocked-Rebirth (GCR), who noted significant price surges in tokens like ORDI and Luna2.0 following the hacks.

GCR hacker fumbled the bag hard.

Bro could've picked ANY believable micro cap to pump 10-20x, yet chose to shill ORDI and LUNA2 for a measly 10% wick.😂 pic.twitter.com/jy3cR6ZJwr

— Miles Deutscher (@milesdeutscher) May 26, 2024

Despite the potential for much larger gains, the hacker chose tokens with already significant market caps, leading to relatively modest increases.

Additionally, American rapper Rich The Kid’s account promoted a new token, “RICH,” launched on a memecoin platform, rapidly reaching a market cap of $90,000.

Rich The Kid (@richthekid) posted a link for his followers to buy the new token “RICH,” which quickly amassed a $90,000 market cap.

No statement has confirmed if his account was hacked, but the post has been deleted.

— The Roundtable – Web3/NFT/Crypto (@0xRoundTable) May 27, 2024

Caitlyn Jenner’s account was also used to promote the “JENNER” memecoin, which amassed a $27.1 million market cap shortly after its release.

While there was speculation about the authenticity of Jenner’s promotion, she confirmed the endorsement was real.

if anyone wants the TLDR on the @Caitlyn_Jenner situation here it is

She was never hacked, Her team was socially engineered by a guy named Sahil.

He was the "middleman" and his role was to launch the token for Caitlyn as the team didn't know anything about crypto.

after… pic.twitter.com/yZloKHlon6

— Roxo (@CryptoRoxo) May 27, 2024

These incidents occurred during a week -end, sparking concerns about a coordinated attack targeting celebrity accounts to promote cryptocurrency schemes.

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