Title: “Celebrities and Influencers Used in Coordinated Hacking Campaign to Promote Cryptocurrency Tokens”

Published on mei 27, 2024, 1:55 am

Title: “Celebrities and Influencers Used in Coordinated Hacking Campaign to Promote Cryptocurrency Tokens”

Image source: Fox News

```json [ { "TLDR": "Famous traders, rappers, and celebrity personalities' social media accounts were hacked to promote tokens like Luna2 and ORDI. GCR, a well-known crypto investor, had their account compromised to endorse these tokens. Despite hacker's choice of established tokens over microcap coins, like RICH and JENNER, suspicions remain on the authenticity of endorsements from celebrities like Caitlyn Jenner." } ] ```

Famous traders, rappers, and even celebrity personalities like Caitlyn Jenner’s social media accounts have been utilized to promote various tokens in what many suspect is a coordinated series of hacks. This recent spree involved industry influencers and celebrities having their accounts compromised, leading to the promotion of tokens such as Luna2 and ORDI, along with celebrity-inspired memecoins.

One notable figure affected by this hacking wave is Gigantic-Cassocked-Rebirth (GCR), a pseudonymous cryptocurrency investor recognized for profiting from contrarian trades. GCR confirmed the compromise of their account, which subsequently endorsed ORDI and Luna2.0, causing notable price surges for both tokens momentarily.

Interestingly, despite the hacking incident, some observers noted that the hacker opted to promote established tokens instead of more obscure microcap coins, potentially limiting potential gains. Crypto analyst Miles Deutscher remarked on this occurrence by stating that the “GCR hacker fumbled the bag hard.”

ORDI has already achieved an $856 million market capitalization, indicating less growth potential compared to small-cap coins. However, experts caution that this might just be one segment of a broader attack targeting celebrity accounts on social media platforms.

American rapper Rich The Kid’s account shared a link for his 2.3 million followers to purchase the new token “RICH,” which saw rapid market cap accumulation shortly after its debut on Solana memecoin creator tool pump.fun. Similarly, media personality Caitlyn Jenner promoted the inception of a new memecoin named “JENNER” through her account.

Despite suspicions of hacking behind these promotions, including a significant endorsement from Jenner through videos assuring the authenticity of the posts and token legitimacy across various social media platforms like Twitter.

It remains unclear whether these accounts were genuinely compromised or used willingly in these promotional efforts. Still, these incidents highlight ongoing challenges regarding digital asset security within the cryptocurrency landscape.

This string of events underscores the importance of safeguarding personal accounts against unauthorized access while shedding light on broader cybersecurity issues affecting prominent individuals within the crypto sphere.

Original article posted by Fox News

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