Million Dollar Cryptocurrency Loss: The "Mbappe" Coin Scam on Twitter:
A cryptocurrency trader recently lost over $1 million in less than an hour in a situation that has shaken the cryptocurrency world.
âą What happened?
A hacker managed to access the official Twitter account of Kylian Mbappé, the world's soccer star, and took the opportunity to promote a new cryptocurrency called "Mbappe", supposedly launched on the Ethereum (ETH) network. The post, which seemed authentic, quickly attracted the attention of thousands of people.
âą The Trader's Tragedy
A cryptocurrency trader, fooled by the legitimate appearance of the post, decided to invest heavily in this new coin, buying over $1 million worth of "Mbappe". However, in less than an hour, the coin suffered a catastrophic crash, going from being worth $1 million to just $9,200.
