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Drake’s X account Hacked, Promotes Solana memecoin ‘Anita’

Drake’s X account Hacked, Promotes Solana memecoin ‘Anita’

CryptotimesCryptotimes2024/12/15 12:55
By:Jahnu Jagtap

Canadian rap superstar Drake’s official X (formerly Twitter) account was compromised Saturday night, with hackers using it to promote a fraudulent Solana-based memecoin called “Anita,” a play on his cartoon “alter ego,” Anita Max Wynn.

The hackers posted messages to Drake’s over 39 million followers, falsely claiming the token was launched in partnership with Stake, the crypto betting platform with which Drake has a longstanding association dating back to 2022.

Drake’s X account Hacked, Promotes Solana memecoin ‘Anita’ image 0 Drake’s X account Hacked, Promotes Solana memecoin ‘Anita’ image 1

The fraudulent coin shared a name with the rapper’s upcoming Anita Max Wynn Tour in Australia and New Zealand, further leveraging Drake’s brand to lend credibility to the scam. The name “Anita Max Wynn” itself is a play on the gambling phrase “I need a max win.”

These posts included a contract address for the “$ANITA” token and featured a cartoon character associated with the project, before ultimately being removed.

An associated X account claiming to be the official project page was quickly suspended.

Drake’s X account Hacked, Promotes Solana memecoin ‘Anita’ image 2 Drake’s X account Hacked, Promotes Solana memecoin ‘Anita’ image 3

Despite the brief window of promotion, the memecoin saw approximately $5 million in trading volume before traders seemingly recognized the fraud and ceased buying, according to data from DexScreener.

Drake, who has publicly expressed support for digital assets and once shared a post featuring Michael Saylor’s Bitcoin commentary on Instagram, has also recently faced separate allegations from a social media influencer claiming a $2 million loss in a crypto investment deal involving Drake and another individual.

Hacking social media accounts to promote fraudulent projects is a common tactic employed by cybercriminals in the cryptocurrency world. Other celebrity musicians who have fallen victim to similar hacks include Wiz Khalifa , Cardi B , Doja Cat, and Metallica.

By targeting high-profile individuals and brands, scammers attempt to create a veneer of legitimacy for their schemes, exploiting the trust and influence these figures command among their followers.

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Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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