Rapper 50 Cent falls victim to Crypto scam, hacker rakes in millions

50 Cent's X account was hacked to promote a fraudulent cryptocurrency, resulting in profit of millions in 30 minutes.


Pop Culture & Art June 24, 2024
Photo: REUTERS/BRENDAN MCDERMID

Rapper 50 Cent has become the latest victim of a cryptocurrency scam, with a hacker exploiting his X (formerly Twitter) account to promote a fraudulent token called $GUNIT. The scammer used 50 Cent's massive following to lure unsuspecting investors into a pump-and-dump scheme, resulting in a significant profit for the perpetrator.

The rapper took to Instagram to clarify he had no involvement with the cryptocurrency and that his account had been compromised. He also revealed that the hacker managed to make a staggering $3 million within 30 minutes by manipulating the market.

Social media users reacted to the news with a mix of concern, amusement, and jokes. Some users expressed their relief for not falling for the scam, while others criticized those who invested without proper research.

COMMENTS (1)

judecarolyn | 1 week ago | Reply If the process is too good to be true it s probably a phoney crypto recovery expert. I have been scammed by so many recovery companies and I can tell it s almost not possible to recover stolen or crypto sent to the wrong address. It s rare to find a legit recovery company without getting scammed believe it or not. I m saying from experience and i can tell easyreclaimer@ gmail.com is reliable not 100 but will never leave you stranded.
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