Close Menu
    Facebook X (Twitter) Instagram
    Trending
    • The United States Leads the Charge in Bitcoin Adoption: A Rising Correlation with Stock Markets
    • Memecoins Stir Up the Market – CryptoNinjas
    • Meme Coins Are #1 Trend in 2024
    • Top Analyst Now Sees Window of Opportunity for Bitcoin and Altcoins To Pop – But There’s a Catch
    • Toncoin Signals Accumulation Phase as Open Interest Hits Nine-Month Low – What’s Next?
    • Bitget Token Surprises the Market by Rising 813% in 2024: Can You Predict Its 2025 Value?
    • Ethereum Price Approaches Critical Resistance: A Turning Point?
    • DeFi Exploits Plunge 40% In 2024, But Centralized Exchange Losses Soar – Report
    Coin Elites
    • Home
    • Cryptocurrency
    • Crypto News
    • Ethereum
    • Bitcoin News
    • Blockchain
    • Altcoins
    • Shop
    Coin Elites
    Home»Altcoins»Iggy Azalea’s Response to Sydney Sweeney’s Hack Sparks Angst
    Altcoins

    Iggy Azalea’s Response to Sydney Sweeney’s Hack Sparks Angst

    dfrancis36By dfrancis36July 3, 2024No Comments3 Mins Read
    Share
    Facebook Twitter LinkedIn Pinterest Email

    [ad_1]

    • The American movie star Sydney Sweeney gets her X account hacked.
    • Hacksters raise $13M in half an hour, dumping the coin minutes later.
    • Rapper Iggy Azalea mocks Sweeney after she regains her access to X.

    As celebrities jump on the Solana meme coin bandwagon, more and more famous people are getting hacked every day. Their X followers are usually the ones to take the hit due to their involvement in questionable meme currencies being promoted by fraudsters.

    This time, famed American actor Sydney Sweeney woke up to find her X account hacked. The cybercriminals were quick enough to launch a counterfeit Solana (SOL) meme coin, styled as $SWEENEY.

    🚨HACK ALERT: Sydney Sweeney’s X account was hacked to promote a #Solana-based crypto memecoin named #SWEENEY.

    The token reached over $10 million in trading volume within two hours before its price crashed by 90%.

    The hacker, who also claims responsibility for hacking 50 Cent… pic.twitter.com/AdxNgK4X7K

    — Satoshi Club (@esatoshiclub) July 3, 2024

    The hackers dared to make promises about burning 10% of the supply and giving away $10K worth of crypto to followers shortly after.

    How Fraudsters Raised $13M In 30 Minutes

    In just 30 minutes, the crypto community on X poured approximately $13 million into the token. The meme coin’s price went up by over 2,500% in a quarter of an hour, and what followed was the regular order of events for pump-and-dump scams.

    lol throwing shade at a hacked account is wild

    — pp 🐧 (@ppmctweets) July 2, 2024

    The SWEENEY meme coin quickly crashed back into the zero zone, devastating crypto enthusiasts who bought in. Australian rapper Iggy Azalea fired shots at Sweeney, sarcastically asking: “What happened bby? 🥺”

    After getting her account back, Sweeney immediately deleted all the fraudulent messages but refrained from replying to Azalea’s comment or clarifying the situation to her followers.

    On the Flipside

    • Some crypto traders still decided to ape the new SWEENEY meme coin, knowing that cybercriminals likely created it.
    • By this logic, SOL meme coin traders expected to make some revenue out of the confusion and spontaneous excitement.
    • Rumors on X put the controversial promoter Sahil Ahora at the top of the suspect list despite Sweeney’s silence.

    Why This Matters

    Rising celebrity meme coin scams have drawn the attention of prominent crypto figures, as this hacking incident is part of an industry-wide trend.

    Explore DailyCoin’s latest cryptocurrency news:
    $500M in Dubai Real Estate Will Soon Be Tokenized on Blockchain
    SHIB Lead Dev to Finally Be Unmasked? Shytoshi Teases IRL Debut



    [ad_2]

    Source link

    Share. Facebook Twitter Pinterest LinkedIn Tumblr Email
    dfrancis36
    • Website

    Related Posts

    The United States Leads the Charge in Bitcoin Adoption: A Rising Correlation with Stock Markets

    January 28, 2025

    Top Analyst Now Sees Window of Opportunity for Bitcoin and Altcoins To Pop – But There’s a Catch

    December 25, 2024

    Here’s a Potential Downside Price Target for Cardano If ADA Sees New Correction, According to Benjamin Cowen

    December 25, 2024

    Analyst Says Ethereum-Based Altcoin Has ‘All the Markings of the Next Big Success’ and Could Explode 700%+

    December 24, 2024
    Add A Comment
    Leave A Reply Cancel Reply

    Top Posts

    The United States Leads the Charge in Bitcoin Adoption: A Rising Correlation with Stock Markets

    January 28, 2025

    Memecoins Stir Up the Market – CryptoNinjas

    December 25, 2024

    Meme Coins Are #1 Trend in 2024

    December 25, 2024

    Top Analyst Now Sees Window of Opportunity for Bitcoin and Altcoins To Pop – But There’s a Catch

    December 25, 2024

    Toncoin Signals Accumulation Phase as Open Interest Hits Nine-Month Low – What’s Next?

    December 25, 2024
    Categories
    • Altcoins
    • Bitcoin News
    • Blockchain
    • Crypto News
    • Cryptocurrency
    • Ethereum
    About us

    Welcome to CoinElites.com, your premier destination for the latest news and insights in the dynamic world of cryptocurrency. Our blog is dedicated to providing you with up-to-the-minute updates and comprehensive analysis on everything related to Crypto News, Bitcoin, Ethereum, and other cryptocurrencies.

    At CoinElites.com, we understand the fast-paced nature of the crypto market and the importance of staying informed. Whether you're an experienced trader, a casual investor, or someone new to the world of digital currencies, our mission is to deliver accurate and relevant information to help you navigate the ever-evolving landscape of cryptocurrency.

    Top Insights

    The United States Leads the Charge in Bitcoin Adoption: A Rising Correlation with Stock Markets

    January 28, 2025

    Memecoins Stir Up the Market – CryptoNinjas

    December 25, 2024

    Meme Coins Are #1 Trend in 2024

    December 25, 2024
    Categories
    • Altcoins
    • Bitcoin News
    • Blockchain
    • Crypto News
    • Cryptocurrency
    • Ethereum
    • Privacy Policy
    • Disclaimer
    • Terms & Conditions
    • About us
    • Contact us
    Copyright © 2024 Coinelites.com All Rights Reserved.

    Type above and press Enter to search. Press Esc to cancel.