Drake’s X account hacked to promote meme coin

Key Takeaways

Drake’s X account was hacked to advertise a fraudulent meme coin known as Anita.
The compromised account claimed a partnership with the playing platform Stake, however the claims had been faux and eliminated.

Rap star Drake’s official X account was compromised at the moment, with the hacker utilizing it to advertise a fraudulent meme coin known as “Anita,” as reported by blockchain sleuth ZachXBT.

The hackers posted messages claiming the token was created in partnership with Stake, the playing platform related to Drake. The posts included a contract tackle and a project-related character earlier than being eliminated. The challenge’s claimed official X account was shortly suspended.

Drake, who has a longstanding partnership with crypto playing platform Stake relationship again to 2022, has publicly expressed assist for digital belongings. He beforehand shared a put up that includes Michael Saylor’s Bitcoin remarks on Instagram.

The well-known artist not too long ago confronted allegations from a 20-year-old social media influencer who claimed to have suffered a $2 million loss in a crypto funding deal. The influencer, throughout a reside stream with DJ Akademiks, alleged that Drake and a person often called Top5 failed to satisfy guarantees associated to this funding.

Hacking social media accounts to advertise faux initiatives or tokens is a standard tactic amongst cybercriminals within the crypto house. Scammers usually goal high-profile people and types to create a facade of legitimacy for his or her fraudulent schemes.

In October, the X account of Andy Ayrey, Fact Terminal’s founder, was underneath assault. The hacker used the entry to advertise a token known as “IB,” and walked away with $600 million in internet revenue.

Final week, Cardano Basis’s X account was compromised, with attackers posting false details about an alleged SEC lawsuit and selling a fraudulent token.