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