SOL - Crypto Scam: After Rapper 50 Cent Heavy Metal Band Metallica's Social Media Hacked To Promote Solana-Based Memecoin | Benzinga
The official X account of the world-famous heavy metal band, Metallica, was exploited to promote a Solana (CRYPTO: SOL)-based memecoin.
What Happened: Widely-followed cryptocurrency influencer Ricards posted late Tuesday night about the scam, sharing a now-deleted post that showed hackers falsely advertising a token called METAL, in collaboration with ticketing giant Ticketmaster and cryptocurrency payments platform MoonPay.
METAL's market cap spiked to $3.37 million within minutes of the post, only to crash to $30,000 at the time of writing, according to price tracking platform Dexscreener.
🎸 METALLICA'S X ACCOUNT HACKED! 🎸
Metallica's X account got hijacked, promoting a sketchy Solana token called METAL. Despite the claim it was backed by Ticketmaster and MoonPay, both companies denied involvement. The ...