The Solana blockchain continues to be a significant possibility for cybercriminals, as evidenced by the newest cybersecurity assault involving rising Hollywood celebrity and actress Sydney Sweeney when her X (previously Twitter) account was compromised in an effort to promote a faux Solana-based meme coin dubbed “SWEENEY.”
Sweeney’s notoriety and affect had been used to trick unwary followers into investing within the fraudulent meme coin by way of posts that promised bonuses and particular alternatives for early traders.
Pretend Solana-Primarily based Meme Coin SWEENEY’s Entry Into The Crypto Market
On Tuesday, Sydney Sweeney was the newest sufferer of a social media hack as her X account was hacked to promote a faux Solana-based meme coin. This occasion comes after related celeb assaults, all aimed toward selling questionable cryptocurrency tokens, like these on 50 Cent and Hulk Hogan.
Following the hack, the intruders posted deceptive messages and hyperlinks engaging Sweeney’s followers to spend money on the phony cryptocurrency SWEENEY, profiting from her high-profile place and sizable social media following. “Going stay on areas quickly, keep tuned to see what SWEENEY can do,” one of many posts learn.
These feedback, which appeared genuine to her thousands and thousands of followers, directed individuals to the web site that claimed to be promoting the faux Solana meme coin. The concept that Sweeney’s account was compromised was sparked by the staff’s fast motion to take again management of her account and take away the false posts.
In response to buying and selling platform TOBTC, the meme coin witnessed a notable surge in buying and selling exercise after its introduction into the crypto market, amassing over $10 million in lower than 2 hours. Nevertheless, regardless of experiencing such a large buying and selling quantity, SWEENEY suffered a roughly 90% decline in worth just a few hours after the posts had been deleted.
It’s value noting that this isn’t the primary time Sweeney’s X account has been hacked and utilized by cybercriminals to advertise a faux token. Again in January, the actress’s account was breached to advertise a separate Solana meme forex with a graphic depiction of intercourse.
Extra Hollywood Actors Breach Forward?
Sydney Sweeney is the second Hollywood determine who has fallen sufferer to a hack in lower than 2 months. In April, celebrity actor Tom Holland also called Spider-man, noticed his X account breached by hackers.
These dangerous actors allegedly introduced that the Spider-Man hero was establishing “Spiderverse” in collaboration with the Binance change after taking management of the account, which boasts thousands and thousands of followers.
This occasion brings to mild the growing tendency of fraudsters to make use of well-known social media profiles to advertise cryptocurrency schemes. It additionally emphasizes how essential it’s for customers to train warning when interacting with digital belongings and to substantiate the legitimacy of funding alternatives, significantly these marketed on celeb profiles.
Featured picture from Adobe Inventory, chart from Tradingview.com
