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Drake’s X Account Hacked to Promote Fraudulent Meme Coin

December 16, 2024
in Altcoin
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KeyTakeaways:

Drake’s X account hacked to advertise fraudulent “Anita” meme coin linked to Stake.Cybercriminals exploit high-profile figures to spice up legitimacy of rip-off tokens.Drake’s crypto involvement raises questions amid ongoing controversies and allegations.

Drake’s official X account was hacked in a high-profile incident that noticed the rapper’s platform used to advertise a fraudulent meme coin referred to as “Anita.” The hacker, who gained entry to the account, posted a sequence of tweets falsely claiming that the token had been created in partnership with Stake, the playing platform with which Drake has a longtime affiliation.

The tweets, which included the challenge’s supposed contract handle and a associated character, had been shortly deleted. Following the incident, the challenge’s X account was suspended.

Blockchain investigator ZachXBT uncovered the hack, mentioning suspicious exercise on Drake’s account. The false posts touted the “Anita” meme coin as being endorsed by Drake and Stake, a crypto-friendly playing platform that the artist has labored with since 2022.

Supply: ZachXBT

The hacker’s actions had been short-lived, because the posts had been eliminated shortly after they appeared, and X’s moderation group shortly took down the associated account.

This incident is a part of a troubling pattern through which hackers goal high-profile people and their social media accounts to advertise fraudulent tasks. The cybercriminals behind these assaults usually use the legitimacy of well-known figures to deceive followers and enhance the perceived credibility of the scams.

Drake’s involvement with the crypto market, significantly via his partnership with Stake, has been nicely documented. The rapper has beforehand proven assist for digital property, sharing posts associated to Bitcoin and different crypto-related matters on his social media accounts.

This has led to hypothesis that his account’s hack may very well be linked to his endorsement of crypto-related tasks, despite the fact that he has not publicly endorsed “Anita.”

Regardless of the connection between Drake and the crypto world, the rapper has additionally been concerned in controversy just lately. A 20-year-old influencer accused Drake and one other particular person, Top5, of failing to honor guarantees made relating to a crypto funding. The influencer claimed to have suffered a monetary loss because of this, although these allegations are nonetheless unverified.



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