Solana

The X account of American actress Sydney Sweeney was hacked, with now-deleted posts promoting a crypto token bearing her name in an apparent pump-and-dump scheme.
The Solana-based token SWEENEY amassed over $10 million in trading volume within two hours of its launch on July 2, bolstered by several promotional posts made from Sweeney’s X account.
“Well I think it’s time… sweeney is now live 100mc incoming,” said one of Sweeney’s now-deleted X posts shared online, which Cointelegraph could not independently verify.
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 Source: <a href="https://x.com/IoachimViju/status/1808216295449502083" target="_blank" rel="noopener nofollow">Ioachim Viju</a>
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SWEENEY’s price dropped nearly 90% in a little over an hour starting at 6:15 pm UTC, though it has partially rebounded since then. Its market cap currently sits at $1.2 million, down from its peak of $3.85 million, DEX Screener data <a href="https://dexscreener.com/solana/9u1rZMMSqD39L3HMF8hZtz13qEFKZsEArYh6qWMN9ykA" target="_blank" rel="noopener nofollow">shows</a>
The administrator of a Telegram channel linked to the token, which was shared on Sweeney’s X account, seemingly took <a href="https://t.me/sweeneysol/3" target="_blank" rel="noopener nofollow">credit</a> for the hack.
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 <img src="https://s3.cointelegraph.com/uploads/2024-07/cf4c588d-184b-469a-b2ab-e69c60848b59.jpg" alt="" title="">
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 Messages from the hacker of Sweeney’s X account. Source: Telegram
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In now-deleted <a href="https://x.com/barkmeta/status/1808217434085560548" target="_blank" rel="noopener nofollow">posts</a>, they claimed they were also behind recent X account hacks on rapper 50 Cent and ex-pro <a href="https://cointelegraph.com/news/hulk-hogan-denies-memecoin-social-posts">wrestler Hulk Hogan</a>&nbsp;used to promote similarly faked tokens. They added they would soon target a celebrity even more “popular” than Sweeney but did not give specific details.
It is the second time Sweeney’s X account has been hacked to promote a crypto token. In January, her account was breached, with hackers promoting the Solana token MILK, which currently has a <a href="https://www.geckoterminal.com/solana/pools/D7z8Ah1WK2XbWpCNS1MZxBa7PnsebuQwAqMbkbhDpYZj" target="_blank" rel="noopener nofollow">$1 million</a> market cap.
The hack comes after several minor celebrities have turned to <a href="https://cointelegraph.com/news/celebrity-memecoins-crypto-influencer">promoting crypto tokens</a>.
Related:&nbsp;<a href="https://cointelegraph.com/news/vitalik-buterin-slams-celebrity-memecoins">Vitalik Buterin slams celebrity memecoins</a>
Media personality Caitlyn Jenner and rapper Iggy Azalea both launched and backed Solana-based memecoins, which they say initially involved <a href="https://cointelegraph.com/news/sahil-arora-banned-celebrity-memecoin-scams">memecoin collaborator Sahil Arora</a>.
American rapper Rich the Kid, Nigerian singer David Adedeji Adeleke Oon and boxing legend Floyd Mayweather Jr. were among the other celebrities who had token launches promoted from their X accounts.
Azalea’s MOTHER token was the <a href="https://cointelegraph.com/news/iggy-azalea-mother-memecoin-surges-mobile-company-relaunch">best-performing celeb token</a> of the lot, reaching a market cap of $148.9 million at its peak.
However, nearly $100 million has been shaved from its market cap since, CoinGecko data <a href="https://www.coingecko.com/en/coins/mother-iggy" target="_blank" rel="noopener nofollow">shows</a>.
Magazine:<a href="https://cointelegraph.com/magazine/5-risks-apeing-new-solana-memecoins/"> 5 dangers to beware when apeing into Solana memecoins</a>

Sydney Sweeney’s X account hacked to promote crypto memecoin

Cointelegraph

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