50 Cent's Twitter Account Hacked, Scammers Make Off With $3 Million In 30 Minutes With Fake Crypto Scam
They turned 50 Cent into millions.
The New York rapper's Twitter account, now known as X, was compromised by hackers who orchestrated a cryptocurrency scam.
According to 'The Jasmine Brand,' the scam allowed the hackers to receive a staggering $3 million in just 30 minutes. The cybercriminals exploited 50 Cent's well-known name and large social media following to promote a fraudulent cryptocurrency scheme.
The scam involved tweets that appeared to be from 50 Cent, real name Curtis Jackson, promoting a new memecoin called "$GUNIT." The fake tweets also made disparaging remarks about another cryptocurrency.
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The sudden promotion raised eyebrows and led to swift action from a few followers. The first to notice something amiss was Mario Nawfal.
Upon finding the promotion strange, Nawfal tweeted, "BREAKING: 50 Cent is posting about his alleged new memecoin $GUNIT, and attacking Tate and his token. The memecoin is currently under $1m market cap, which indicates this is likely a hack. We are not able to verify if 50 Cent was hacked, but my guess is yes."
As the scam unfolded, the hackers used 50 Cent's influential platform and name to lure unsuspecting investors into buying the fraudulent cryptocurrency.
Upon realizing the breach, the 48-year-old alerted his followers to help mitigate the damage.
"My Twitter & Thisis50.com was hacked," he tweeted. "I have no association with this crypto."
The Starz super-producer assured followers that the scam was shut down as quickly as possible. "Twitter worked quickly to lock my account back down," he clarified. "Who ever did this made $3,000,000 in 30 minutes."
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The "In da Club" rapper also reposted several tweets from users who had initially spotted the scam, acknowledging their vigilance. Nawfal's keen observation and timely warning were particularly highlighted.
No other information about the scam has been released at this time.
