On November 3, Wiz Khalifa’s X (formerly Twitter) account was hacked. The popular rapper, known for hits like “Black and Yellow” and “See You Again,” has over 35.7 million followers. The hackers used his account to promote a scam meme coin called WIZ crypto.
The hackers posted that Khalifa was launching a WIZ token. The meme coin launched on a Solana-based platform called Pump.fun.
WIZ quickly reached a market cap of $2.5 million in less than 15 minutes, but that didn’t last long. Early buyers, including hackers, quickly sold off, dragging WIZ to just under $8K market cap.
The hacker’s identity is still unknown. Blockchain analyst ZachXBT linked this attack to the hacker who took over Truth Terminal developer Andy Ayrey’s account on October 29.
ZachXBT warned users not to buy the WIZ crypto, saying the same hacker was behind Ayrey’s account hack.
The @wizkhalifa account posted a memecoin $wiz 10 mintues ago , token went upto 2.5m in 5 minutes
The address AsbwBSAU919MkPpSe1sLfqtGVvDoKUbU3naieDqGaMFj Made 119K in 6 minutes by sniping 12k worth of tokens .
Do you think its hacked ?
Current Mc is 350k pic.twitter.com/76aoA69fGQ
— 0xPPL (@0xppl_) November 3, 2024
Social Media Security Concerns – Wiz Khalifa Is Just The Last One To Get Hacked
The posts from Khalifa’s account have been deleted, but it’s unclear if Khalifa has regained control. This incident shows how vulnerable public figures are to account hacks. Hackers often use celebrity accounts to promote scams and exploit followers.
Not too long ago, 50 Cents X’s account was hacked to promote a meme coin scam.
My Twitter & https://t.co/iaLj5OUvRT was hacked I have no association with this Crypto. Twitter worked quickly to lock my account back down. Who ever did this made $3,000,000 in 30 minutes. pic.twitter.com/I07Eqpc2xl
— 50cent (@50cent) June 23, 2024
People should be careful with investments promoted through social media. Hacked accounts can easily trick people into buying scam tokens.
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