Cryptocurrency [loss] $1M+

Instagram post by 50 Cent

2024-06-22 [vendor] 50 Cent account compromise [chain] solana
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

  1. 2024-06-22 Breach occurred
  2. 2024-06-22 Publicly disclosed