Cryptocurrency
[loss] $1M+
Instagram post by 50 Cent
Primary Source ↗Financial Loss
$1.0M
(1,000,000 USD)
Blockchain(s)
Solana
Incident Details
50 Cent has claimed his Twitter account and website were hacked to promote a memecoin called $GUNIT. “I have no association with this crypto,” the rapper wrote on Instagram.50 Cent also claimed in the post that “Who ever did this made $300,000,000 in 30 minutes.” It’s not clear where 50 Cent got this number, because the token has only done $19.8 million in volume. One wallet made around $722,000 off the token, and three others also made over $100,000.
Total loss estimated at $1,000,000.
Technical Details
- Initial Attack Vector
- Smart contract exploit / hack
- Vendor / Product
- 50 Cent account compromise
Timeline
- 2024-06-22 Breach occurred
- 2024-06-22 Publicly disclosed