Drake X Account Hacked to Promote Scam Meme Coin
Internationally renowned rapper Drake’s X (formerly Twitter) account was recently hacked for promoting fake meme coins.
Now-deleted fraudulent post highlights growing number of fraudulent posts Scam Target well-known accounts on the platform.
Drake’s hacked account highlights rising cryptocurrency scams on X
December 14, Blockchain Investigator ZachXBT Found a loophole, reveal Drake’s X account was misused to promote a scam meme coin called “Anita.”
The hackers falsely claimed that the token was developed in partnership with Stake, a gambling company that Drake has publicly partnered with since 2022. The post contains the smart contract address and promotional materials, giving scam An air of believability.
Drake’s interest in cryptocurrency is well known Might add weight to the deception. However, the fraudulent content has been removed and accounts tied to the meme coins have been suspended.
Market observers noted that the incident highlighted the alarming growth of cryptocurrency scams on X. Over the past month, a number of categories such as The Cardano Foundation was exploited. These incidents are often designed to create false legitimacy for fraudulent coins or counterfeits airdrop.
In addition, blockchain Safety Scam Sniffer Company states Fake crypto-related accounts on X The daily volume has surged from 160 in November to more than 300. The company noted that these scammers often impersonate influencers to lure users into fraudulent Telegram groups.
Once inside, victims are instructed to verify their identity using a bot called “OfficialSafeguardBot.” The bot uses social engineering tactics to create a sense of urgency and trick users into executing harmful commands.
During the verification process, the bot discreetly injects malicious code into the victim’s clipboard. If executed, the code installs malware designed to access crypto wallets and steal sensitive information. According to Scam Sniffer, this malware, flagged by VirusTotal, has been responsible for several confirmed incidents of private key theft.
This trend reflects a new, more dangerous phase Crypto scams, combined with phishingmalware deployment and social engineering. We urge users to remain vigilant and avoid participating in questionable cryptocurrency offers or accounts.
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