- Cardi B’s account potentially compromised, raising crypto security concerns.
- Celebrity accounts frequently targeted for promoting fraudulent crypto scams.
Pop culture sensation Cardi B’s social media account appears to have been compromised, according to a report by blockchain security firm PeckShieldAlert. The alert, issued a few hours ago, has raised concerns within the crypto community, urging users to be cautious when interacting with links or addresses shared from the artist’s account. Experts warn these could be phishing attempts or scams targeting unsuspecting followers.
This incident is part of a growing trend of celebrity crypto scams, particularly on X (formerly Twitter), where accounts of high-profile figures have been hacked to promote fraudulent cryptocurrency projects and meme coins. Notably, rapper Rich The Kid’s account was hijacked earlier to promote a token called “RICH” on the Solana network. Though the post was swiftly deleted, it garnered considerable attention during its brief time online. Similarly, Caitlyn Jenner’s account promoted a memecoin dubbed “JENNER”. It initially led to confusion about whether the post was real or a deepfake. Jenner’s team later confirmed the authenticity of the posts.
Her name is $WAP 🐾💦
— Cardi B (@iamcardib) October 7, 2024
CA:Bz7vVzQhm2KMW1XgcrDruYega1MiwrAs1DQysrx4tFkp pic.twitter.com/BDvJqeqh0u
Or Maybe It Was Not Hacked?!
Some users on Crypto Twitter (CT), however, suspect that Cardi B’s recent activity might be a deliberate marketing ploy rather than a hacking incident. The posts, rather than resembling typical spam, appeared as teasers, leading some to believe it was a calculated move. Comments like “we all know how this ends” and “no thanks, not ready for another rug” reflected skepticism in the community.
Meanwhile, Australian singer Iggy Azalea, who has her own token called “MOTHER,” took to X to mock Cardi B’s post. Azalea tweeted, “Lmfao if y’all fall for this scam then I can’t help you, Only MOTHER provides.”
With the frequency of such incidents increasing, users are advised to remain vigilant when engaging with celebrity-endorsed crypto projects. Scams like these continue to raise security concerns worldwide.
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