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A cyberpunk made use of 50 Cent’s X (previously called Twitter) account to carry out a cryptocurrency scam. The rapper/television manufacturer notified followers he had not been in charge of blog posts advertising a memecoin called $GUNIT on Friday (June 21).
” My Twitter was hacked I have no organization with this Crypto,” he composed on Instagram. “Twitter functioned rapidly to secure my account pull back. That ever before did this made $720,000 in thirty minutes.”
All of 50 Cent’s blog posts were gotten rid of when X actioned in to protect the account, yet the damages was currently done. The cyberpunk’s crypto pump-and-dump fraud efficiently scammed individuals that thought 50 Cent legally supported the coin.
Crypto pump-and-dump fraudsters adjust the unpredictable market to make use of ignorant financiers. The perpetrators develop or get up an altcoin. They advertise it– making use of questionable strategies like hacking 50 Cent’s account– to unnaturally pump up the cost prior to taking part in a mass sell-off, leaving sufferers with coins worth little to absolutely nothing.
The hacking of 50 Cent was simply the current migraine for the G-Unit employer. As AllHipHop formerly reported, medication authority Cory “Ghost” Holland intimidated the manufacturer of Power and its different offshoots.
” If a m ########### obtains eliminated due to the fact that your m ############ customer intimidate me and my family members, submit a m ############ activity for that,” Holland contacted 50 Cent’s attorneys. “I ain’t having fun with your m ############ customer say goodbye to, following time he or anybody he sends out bring up, f# ## the lawsuits.”
Holland took legal action against 50 Cent, asserting Power scammed the real-life Ghost’s life tale. Holland looked for $1 billion in problems for character assassination, psychological distress, psychological suffering and burglary of identification.
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