A hacker used 50 Cent’s X (previously often known as Twitter) account to drag off a cryptocurrency rip-off. The rapper/tv producer knowledgeable followers he wasn’t answerable for posts selling a memecoin referred to as $GUNIT on Friday (June 21).
“My Twitter was hacked I’ve no affiliation with this Crypto,” he wrote on Instagram. “Twitter labored rapidly to lock my account again down. Who ever did this made $720,000 in half-hour.”
All of fifty Cent’s posts had been eliminated as soon as X stepped in to safe the account, however the injury was already executed. The hacker’s crypto pump-and-dump rip-off efficiently ripped off individuals who believed 50 Cent legitimately endorsed the coin.
Crypto pump-and-dump scammers manipulate the unstable market to take advantage of naive traders. The culprits create or purchase up an altcoin. They put it up for sale – utilizing underhanded techniques like hacking 50 Cent’s account – to artificially inflate the value earlier than participating in a mass sell-off, leaving victims with cash price little to nothing.
The hacking of fifty Cent was simply the newest headache for the G-Unit boss. As AllHipHop beforehand reported, drug kingpin Cory “Ghost” Holland threatened the producer of Energy and its numerous spinoffs.
“If a m########### will get killed as a result of your m############ consumer threaten me and my household, file a m############ movement for that,” Holland wrote to 50 Cent’s attorneys. “I ain’t enjoying together with your m############ consumer no extra, subsequent time he or anybody he sends pull up, f### the litigation.”
Holland sued 50 Cent, claiming Energy ripped off the real-life Ghost’s life story. Holland sought $1 billion in damages for defamation, emotional misery, psychological anguish and theft of identification.
