Cryptocurrency journalist Colin Wu spread the word about the loss of his X account to hackers by famous American rapper, actor and businessman 50 Cent (real name Curtis James Jackson III). The hackers used his account to promote the fraudulent GUNIT coin, supposedly launched by them.
Cryptocurrency journalist Colin Wu spread the word about the loss of his X account to hackers by famous American rapper, actor and businessman 50 Cent (real name Curtis James Jackson III). The hackers used his account to promote the fraudulent GUNIT coin, supposedly launched by them.
After the rapper regained access to his X handle, he revealed on Instagram that he had no connection to that token and that the hacker had made hundreds of millions of US dollars in just a few minutes.
50 Cent Clarifies Scam Token Situation
Colin Wu wrote in his tweet that 50 Cent had published an X post, promoting the GUNIT meme coin, and also posted a link that he urged his followers to click on. In just 30 minutes, GUNIT’s market capitalization skyrocketed to a whopping $8 million.
The hacker then performed a pullpull, depriving investors of a staggering $300 million in just half an hour. That’s what 50 Cent he wrote on his Instagram account, making it clear that he was not affiliated with the GUNIT coin. He also shared that he had regained access to his X handle, but while the account was in the hands of hackers, they released the meme coin and made a lot of money from it.
The rapper deleted the tweet promoting GUNIT once he was able to access his account.