The social media account X of renowned rapper 50 Cent was allegedly compromised, leading to a multimillion-dollar memecoin scam, according to the artist himself.
What Happened: Curtis James Jackson III, famously known as 50 Cent, reported last week that his X account was exploited by hackers to execute a cryptocurrency pump-and-dump token scam.
Why It Matters: This incident is part of a recent trend of celebrities being linked with cryptocurrency launches, including Caitlyn Jenner, who created confusion in the industry with conflicting messages after the launch of her own token.
