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.

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.