The American heavy metal band Metallica, which has 121 million albums sold across 11 albums, has fallen victim to cryptocurrency scammers.
The American heavy metal band Metallica, which has 121 million albums sold across 11 albums, has fallen victim to cryptocurrency scammers.
The legendary band’s official X account was recently compromised by bad actors to promote a fake Solana-based meme coin with the METAL symbol.
The fraudulent cryptocurrency was promoted as a “new dynamic token” that was supposedly launched in collaboration with US ticket sales and distribution company Ticketmaster.
The compromised account went on to announce that the token would be used to purchase merchandise and gifts at Metallica events and online.
Alex DovbnyaAdditionally, it also introduced a staking feature for the token that was supposed to allow Metallica fans to earn rewards.
This is not the first time that the legendary band has fallen victim to crypto scammers. As reported by U.TodayMetallica was forced to issue a statement to deny that it was involved in fraudulent Bitcoin and Ethereum giveaways. The band became the target of crypto scammers following the release of their long-awaited album called “72 Seasons,” which was the band’s first full-length release in six years. A fake livestream promoting the fake giveaway appeared on YouTube back then.
Alex DovbnyaAfter the launch of several celebrity meme coins, scammers are now trying to cash in on the latest cryptocurrency trend. American rapper 50 Cent’s social media account was also recently hacked to promote a fake Solana token.
