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Writer's picturemeowdini
May 272 min read

Crypto Chaos: A Deep Dive into the Weekend's Influencer Hacking Spree

The cryptocurrency community is reeling from a series of hacks that compromised the social media accounts of prominent figures, turning them into unwitting promoters of dubious crypto tokens. This weekend's events raise serious concerns about security vulnerabilities and the potential manipulation of the crypto market.



Hacked Accounts and Pumped Tokens:

Over the long weekend, hackers gained control of X accounts (likely referring to Twitter) belonging to well-known traders, rappers, and even celebrities like Caitlyn Jenner. These compromised accounts were then used to promote a variety of cryptocurrencies, including:

  • Luna2 and ORDI: These established tokens experienced moderate price increases (6% and 274% respectively) after being shilled by the hacked accounts.

  • Memecoins: Newly launched memecoins like RICH (rapper Rich The Kid's token), JENNER (Caitlyn Jenner's token), DOLL, and SOULJA were also heavily promoted by the compromised accounts. Memecoins are often highly volatile and speculative investments with uncertain long-term value.



Expert Opinions and Warnings:

Crypto analysts are convinced this is not a series of isolated incidents but a coordinated attack targeting high-profile X accounts. The timing of the hacks, coinciding with a long weekend with potentially fewer platform security personnel on duty, adds weight to this theory.

Experts are urging extreme caution, particularly regarding meme-coins seemingly endorsed by celebrities. The ease with which these tokens can be created and manipulated makes them prime tools for pump-and-dump schemes, where the goal is to artificially inflate prices before quickly selling off, leaving unsuspecting investors with worthless tokens.


The Caitlyn Jenner Enigma: Hack or Deepfake?

Caitlyn Jenner's case is particularly puzzling. Her X account promoted the "JENNER" token, sparking debate about its authenticity. While videos featuring Jenner and her manager seemingly confirm the promotion, the use of the same crypto wallet address as adult film star Kazumi (who also allegedly had a hacked account) raises questions. Was Jenner truly hacked, or was this a publicity stunt gone wrong?


Unanswered Questions and Recommendations:

Several key questions remain unanswered:

  • Were Rich The Kid and Caitlyn Jenner genuinely hacked, or was this a coordinated marketing ploy for the promoted tokens?

  • Are there potential connections between the various promoted tokens (RICH, DOLL, SOULJA, JENNER)?

  • Who is behind this hacking operation, and how widespread is it?

In light of these uncertainties, here's what you can do to protect yourself:

  • Be skeptical of all social media endorsements for cryptocurrencies. Celebrities are not financial advisors, and their promotions may not be based on sound investment principles.

  • Research any crypto project thoroughly before investing. Don't rely solely on social media hype. Look for information about the project's purpose, development team, and tokenomics (the distribution and use of tokens).

  • Beware of phishing scams. Hackers may try impersonating celebrities or influencers to trick you into clicking on malicious links or revealing sensitive information.


This weekend's events highlight the vulnerability of social media accounts and the increasing sophistication of crypto scams. By exercising caution and conducting research, you can avoid falling victim to these deceptive tactics and protect your hard-earned money. Remember, if something seems too good to be true in the world of crypto, it probably is.


Disclaimer: We are not financial advisors and this information should not be considered financial advice. Please consult with a qualified professional before making any investment decisions.




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