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50 Cent’s X Account Hacked: Hacker Makes $300 Million in Crypto Scams in Minutes
Yuri Molchan
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Cryptocurrency journalist Colin Wu spread the word about the famous American rapper, actor and businessman 50 cents (his real name is Curtis James Jackson III) loses his X account to hackers for a short period of time. The hackers used his account to promote the GUNIT scam coin, supposedly released by them.
After the rapper regained access to his X handle, he revealed on Instagram that he had no connection to that token and that the the hacker had made money hundreds of millions of US dollars in just a few minutes.
50 Cent clarifies the scam token situation
Colin Wu wrote in his tweet that 50 Cent had made an X-rated post, promoting the GUNIT meme coin, as he also posted a link inviting his followers to click. In just 30 minutes, GUNIT’s market capitalization soared to a whopping $8 million.
The hacker then conducted a heist, depriving investors of a staggering $300 million in just half an hour. That’s what 50 Cent he wrote on his Instagram account, clarifying that he was not affiliated with the GUNIT coin. He also shared that he regained access to his X handle, but while the account was in the hands of hackers, they released the meme coin and made a lot of money from it.
The tweet promoting GUNIT was deleted by the rapper once he managed to access his account.
About the author
Yuri Molchan
Yuri is interested in technology and technical innovations. He has been writing about DLT and cryptocurrencies since 2017. He believes that blockchain and cryptocurrencies have the potential to transform the world in the future in many aspects of it. He has written for several crypto media. His articles have been cited by cryptocurrency influencers such as Tyler Winklevoss, John McAfee, CZ Binance, Max Keizer, etc.