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Why Crypto Market is Up Today? The Trump Effect on Crypto and AI

The post Why Crypto Market is Up Today? The Trump Effect on Crypto and AI appeared first on Coinpedia Fintech News In the last 24...
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HomeCoinpedia NewsDrake’s X Account Hacked to Promote $5M Crypto Scam

Drake’s X Account Hacked to Promote $5M Crypto Scam

Crypto Scams

The post Drake’s X Account Hacked to Promote $5M Crypto Scam appeared first on Coinpedia Fintech News

On Saturday night, rapper Drake’s X account was reportedly hacked to promote a fraudulent Solana-based memecoin called “$ANITA,” inspired by his cartoon alter ego, Anita Max Wynn. The posts, falsely claiming a partnership with Stake, Drake’s crypto betting platform, reached over 39 million followers. The scam drove $5 million in trading volume before users realized its fraudulent nature. The posts were later removed. This incident follows a string of high-profile X account hacks targeting celebrities like Cardi B and Doja Cat, used to promote similar crypto scams.

Crypto Scams

The post Drake’s X Account Hacked to Promote $5M Crypto Scam appeared first on Coinpedia Fintech News

On Saturday night, rapper Drake’s X account was reportedly hacked to promote a fraudulent Solana-based memecoin called “$ANITA,” inspired by his cartoon alter ego, Anita Max Wynn. The posts, falsely claiming a partnership with Stake, Drake’s crypto betting platform, reached over 39 million followers. The scam drove $5 million in trading volume before users realized its fraudulent nature. The posts were later removed. This incident follows a string of high-profile X account hacks targeting celebrities like Cardi B and Doja Cat, used to promote similar crypto scams.