Drake’s X account has recently fallen victim to a significant hack, promoting a fraudulent Solana-based memecoin named $ANITA. This incident, which transpired on a Saturday night, exploited the Canadian rap superstar’s massive following—over *39 million followers*—to create a false narrative around the token.
The hackers leveraged a character from Drake’s persona, known as Anita Max Wynn, to lend credibility to their scheme. This tactic was a clever play on words, tying it to both gambling terminology—“I need a max win”—and Drake’s upcoming tour in Australia and New Zealand. The posts made it seem as if the crypto betting platform Stake, associated with Drake since 2022, was launching the token, aiming to lure unsuspecting fans into the trap.
Before the scam was uncovered, trading volume for $ANITA skyrocketed to a staggering $5* million*. DexScreener data indicates that traders were initially drawn in by the posts sharing a contract address and depicting the cartoon character linked to the project. Unfortunately, once the truth was revealed, engagement came to a halt, and Drake’s team swiftly acted to remove the misleading posts. X, the platform formerly known as Twitter, took strict measures by suspending an account that claimed to represent this sham project.
This hacking incident is just one example in a troubling trend where high-profile X accounts are targeted for crypto scams. Other notable celebrities, such as Cardi B, Doja Cat, and Metallica, have faced similar cyber incidents in recent times. In a related episode, the Cardano Foundation’s account was also compromised, resulting in a lesser but similar scam that did not attract as much trading volume.
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Drake is no stranger to cryptocurrencies; he has shown support for various digital assets in the past, even sharing insights from notable figures like Michael Saylor on Bitcoin. However, he has faced scrutiny related to a separate crypto investment deal that allegedly resulted in a $2* million* loss for a social media influencer.
Scammers frequently exploit the influence of celebrities and well-known brands to lend an air of legitimacy to their fraudulent schemes. This trend highlights the dangers that permeate social media platforms, where hackers thrive by preying on the unsuspecting.
As the crypto community grows, it’s crucial to remain vigilant against fraudulent activities. Understanding that not every post or announcement is genuine can help protect against falling victim to these types of scams. Keep an eye out for warning signs, and if it sounds too good to be true, it probably is.