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Rapper Drake’s X account hacked to promote meme coin
Rap star Drake’s official X account has been compromised, with hackers using it to promote a fraudulent meme coin called “Anita”. The attackers claimed the token was created in partnership with Stake, the gambling platform associated with Drake. However, the posts have since been removed.
The incident highlights the growing trend of hacking social media accounts to promote fake projects or tokens in the crypto space. Scammers often target high-profile individuals and brands to create a facade of legitimacy for their fraudulent schemes.
It’s worth noting that Drake has publicly expressed support for digital assets, including cryptocurrency. He has also collaborated with Stake, a gambling platform, on various initiatives. The rapper’s account was reportedly hacked despite his association with the crypto space.
In related news, there have been several other instances of social media accounts being compromised to promote fake projects or tokens. In October, Andy Ayrey, founder of Truth Terminal, had his X account hacked and used to promote a token called “IB”, resulting in $600 million in net profit for the attackers. Similarly, the X account of Cardano Foundation was recently compromised, with hackers posting false information about an alleged SEC lawsuit and promoting a fraudulent token.
The incident serves as a reminder of the importance of security and vigilance in the crypto space, particularly when it comes to high-profile individuals and brands. As the industry continues to evolve and grow, it is crucial that measures are taken to protect against such attacks.
In conclusion, Drake’s X account being hacked to promote meme coin Anita highlights the risks and vulnerabilities that exist in the crypto space.
Source: cryptobriefing.com
