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McDonald’s Instagram Hacked: $700K Stolen in Grimace Memecoin Scam

Hackers hijacked McDonald’s Instagram account to promote a fake Grimace memecoin, making off with $700K in Solana. Discover how this crypto scam unfolded.

In a shocking turn of events, hackers hijacked McDonald’s official Instagram account on August 21, using it to promote a fraudulent Grimace-themed memecoin. The scammers capitalized on the fast food giant’s global reach, ultimately swindling over $700,000 in Solana from unsuspecting investors. This incident highlights the growing intersection of cybercrime and cryptocurrency, raising concerns about security on social media platforms.


McDonald’s logo, representing the recent hacking incident involving a Grimace memecoin scam.
Hackers exploited McDonald’s Instagram account to promote a fake Grimace-themed memecoin, stealing $700,000.

Key Points:


  • Hackers Target McDonald’s Instagram: On August 21, McDonald’s official Instagram account was compromised, with hackers promoting a fraudulent Grimace memecoin.


  • Massive Financial Gains: Using Solana, the hackers manipulated the memecoin's value, driving its market cap to $25 million within 30 minutes before dumping their holdings.


  • Sophisticated Scam: The hackers used blockchain tools like Bubblemaps and pump.fun to control the supply and distribution of the Grimace token across multiple wallets.


  • Public Bragging: After the heist, the hackers edited McDonald’s Instagram bio to boast about their $700,000 profit from the scam.


  • McDonald’s Response: The fast food chain quickly regained control of its account and issued an apology for the unauthorized content.



The McDonald’s Instagram hack is a stark reminder of the vulnerabilities inherent in the digital age, particularly as cybercriminals increasingly target high-profile brands to perpetrate cryptocurrency scams. As social media becomes more intertwined with financial markets, companies and users alike must prioritize security to prevent similar incidents.


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