Hackers Exploit High-Profile Account to Promote Fake Memecoins: Investors Lose Big On...

Hackers Exploit High-Profile Account to Promote Fake Memecoins: Investors Lose Big On Fake $POWER Token

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Source: TheMerkle.com

Hackers recently compromised the high-profile Twitter account @TrumpDailyPosts, using its credibility to promote fraudulent cryptocurrency schemes, including the fake $POWER token.

The incident underscores a growing trend of scammers exploiting well-known accounts to deceive unsuspecting investors in the crypto space.

The $POWER Token Trap: Massive Investor Losses  

One victim, with the wallet address 3pFW9…C7ZPQ, suffered devastating losses within just one hour. Initially investing $237,000 at an average entry price of $0.006132, the

Read More https://themerkle.com/hackers-exploit-high-profile-account-to-promote-fake-memecoins-investors-lose-big-on-fake-power-token/

The post "Hackers Exploit High-Profile Account to Promote Fake Memecoins: Investors Lose Big On Fake $POWER Token" appeared first here TheMerkle.com.

Source: TheMerkle.com

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