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Drake's X account hacked to promote meme coin – Crypto Briefing

Important points

  • Drake's X account was hacked to promote a fraudulent meme coin called Anita.
  • The compromised account claimed to be affiliated with gambling platform Stake, but the claim was false and was removed.

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As reported by blockchain detective ZachXBT, rap star Drake's official X account was compromised today and hackers used it to promote a fraudulent meme coin called “Anita.”

The hackers posted a message claiming that the token was created in partnership with Stake, a gambling platform associated with Drake. The post included the address of the contract and people associated with the project before it was removed. The project's purported official X account was immediately suspended.

Drake has a long-standing partnership with crypto gambling platform Stake dating back to 2022, and has publicly voiced his support for digital assets. He previously shared a post on Instagram featuring Michael Saylor's remarks about Bitcoin.

The famous artist recently faced accusations from a 20-year-old social media influencer who claims she was sexually assaulted. $2 million loss In cryptocurrency investment trading. The influencer claimed during a livestream with DJ Akademiks that Drake and the individuals known as Top 5 failed to deliver on their promises regarding this investment.

Hacking social media accounts to promote fake projects and tokens is a common tactic among cybercriminals in the cryptocurrency space. Fraudsters often target high-profile individuals and brands to disguise the legitimacy of their fraudulent schemes.

In October, Truth Terminal founder Andy Ayrey's X account was attacked. The hackers used that access to promote a token called “IB” and made a net profit of $600 million.

Last week, the Cardano Foundation's X account was compromised, with the attacker posting false information about an alleged SEC lawsuit and promoting fraudulent tokens.

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