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Drake’s Hacked Account Highlights Rising Crypto Scams on X

On December 14, blockchain investigator ZachXBT uncovered the breach, revealing that Drake’s X account was misused to advertise a scam meme coin called “Anita.” ... ..

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The hackers falsely claimed that the coin was developed in partnership with Stake, a gambling company Drake has publicly collaborated with since 2022. The post included a smart contract address and promotional material, giving the scam an air of credibility......

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Drake’s known interest in cryptocurrencies likely added weight to the deception. However, the fraudulent content has been removed, and the account tied to the meme coin has been suspended.

Market observers noted that the incident highlights the alarming rise in crypto scams on X.

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Over the past month, several high-profile accounts belonging to organizations like the Cardano Foundation have been exploited. These incidents often aim to create false legitimacy for fraudulent tokens or fake airdrops.

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