🚨 Time is Running Out: Reserve Your Spot in the Lucky Draw & Claim Rewards! START NOW
Learn to gain real rewards

Learn to gain real rewards

Collect Bits, boost your Degree and gain actual rewards!

New
Video Courses
Video Courses
Deprecated
Scale your career with online video courses. Dive into your learning adventure!

Influencer X Accounts Hacked to Promote Tokens

Key Takeaways

  • Several high-profile crypto influencers and celebrities, including GCR, Rich The Kid, and Caitlyn Jenner, had their X accounts hacked over the weekend;
  • These hacked accounts promoted tokens like Luna2 and ORDI, as well as celebrity-themed memecoins RICH and JENNER;
  • Videos confirmed the legitimacy of Jenner’s promotion of the JENNER token, however, some suggested they were deepfakes.
Influencer X Accounts Hacked to Promote Tokens

Over the weekend, several high-profile crypto influencers and celebrities had their X accounts hacked.

These accounts were promoting various tokens, including Luna2, ORDI, and celebrity-themed memecoins.

Among those affected were crypto investor Gigantic Cassocked-Rebirth, known as GCR, as well as Rich The Kid and Caitlyn Jenner.

Crypto Token VS Coin (Animated Explainer & Examples)

Did you know?

Want to get smarter & wealthier with crypto?

Subscribe - We publish new crypto explainer videos every week!

Crypto Token VS Coin (Animated Explainer & Examples)

Crypto Token VS Coin (Animated Explainer & Examples) Crypto Token VS Coin (Animated Explainer & Examples)

On May 26, GCR's X account promoted ORDI and Luna2.0, causing spikes of 6% and 274% in their values, respectively. GCR confirmed the hack on the same day, telling his followers to ignore posts from his accounts.

Crypto analyst Miles Deutscher criticized the hacker's choice, noting that ORDI’s market cap of over $800 million limits its growth potential compared to smaller tokens:

GCR hacker fumbled the bag hard. Bro could've picked ANY believable micro cap to pump 10-20x, yet chose to shill ORDI and LUNA2 for a measly 10% wick.

Bitcoin developer Udi Wertheimer warned that GCR had informed the community about an ongoing operation targeting major X accounts. Wertheimer highlighted that many niche celebrities were launching memecoins, particularly during the long weekend when platform engineers were unavailable.

American rapper Rich The Kid had his X account with 2.3 million followers post a link inviting people to purchase the new token "RICH," created using Solana's memecoin platform, pump.fun. The token achieved a $90,000 market cap within the first two hours. Whether Rich The Kid’s account was hacked remains unconfirmed, though the post has since been deleted.

Simultaneously, Caitlyn Jenner’s X and Instagram accounts promoted a new memecoin named "JENNER," which amassed a $27.1 million market cap within hours of its launch. Videos of Jenner and her manager, Sophia Hutchins, confirmed the legitimacy of these promotional posts, however, some suggested that the videos might be deepfakes.

In one of the videos, Jenner addressed her 15.6 million Instagram followers, saying:

My account is real <...>. If you wanna get in on this, get in in a hurry, OK? Get in right now.

Interestingly, the wallet associated with Jenner’s promotion is the same as that used by adult content creator Kazumi, who promoted the ZUMI coin on May 20 and was also suspected of having been hacked.

Further connections are suggested between the RICH, DOLL, and SOULJA tokens and the JENNER promotion, although Hutchins denied Jenner’s team had any knowledge of these links when questioned in the X spaces.

This wave of account hacks highlights the growing trend of targeting influential figures in the crypto space, underlining the need for heightened security measures and caution among users.

In other news, the blockchain gaming platform Gala Games recovered approximately $22 million in Ether (ETH) from an attacker responsible for a major security breach.

Aaron S., Editor-In-Chief
Having completed a Master’s degree in Economics, Politics, and Cultures of the East Asia region, Aaron has written scientific papers analyzing the differences between Western and Collective forms of capitalism in the post-World War II era.
With close to a decade of experience in the FinTech industry, Aaron understands all of the biggest issues and struggles that crypto enthusiasts face. He’s a passionate analyst who is concerned with data-driven and fact-based content, as well as that which speaks to both Web3 natives and industry newcomers.
Aaron is the go-to person for everything and anything related to digital currencies. With a huge passion for blockchain & Web3 education, Aaron strives to transform the space as we know it, and make it more approachable to complete beginners.
Aaron has been quoted by multiple established outlets, and is a published author himself. Even during his free time, he enjoys researching the market trends, and looking for the next supernova.

Loading...
binance
×
Verified

$600 WELCOME BONUS

Earn Huge Exclusive Binance Learners Rewards
Rating