Summary:
- Account Hacked: Soccer star Kylian Mbappé’s X account was hacked on August 29, leading to a massive cryptocurrency scam.
- Fraudulent Promotion: The hacker used Mbappé’s account to promote a fake cryptocurrency token, claiming it would “double” any tokens sent to a specific address.
- Market Surge and Crash: The fake Kylian Mbappé (MBAPPE) token’s market cap surged to $460 million before crashing to under $100,000.
- Significant Losses: One trader reportedly lost over $1 million worth of Solana (SOL) tokens by purchasing the fraudulent MBAPPE token.
Traders around the world have reportedly lost millions of dollars following a sophisticated hack of soccer star Kylian Mbappé’s X account on August 29. The hacker used the account to promote a fraudulent cryptocurrency token, leading to a widespread scam that capitalized on Mbappé’s massive online following.
The fraudulent post promised users that any tokens sent to a specific address would be “doubled,” a common tactic used in crypto scams. This deceptive promotion caused the market cap of the so-called Kylian Mbappé (MBAPPE) token to skyrocket to $460 million before the token’s value plummeted to less than $100,000, leaving countless investors in financial ruin.
One particularly devastating loss was reported by an unknown trader who spent over $1 million worth of Solana (SOL) tokens to purchase the fake MBAPPE token. This trader’s misfortune was highlighted in a post by Lookonchain on X, underscoring the scale of the damage caused by this scam.
The incident serves as a stark reminder of the vulnerabilities that even high-profile individuals face in the digital age. Hackers continue to exploit the trust and influence of celebrities like Mbappé to carry out fraudulent schemes, resulting in significant financial losses for unsuspecting investors. As the crypto space remains fraught with risks, this event underscores the importance of vigilance and due diligence in digital investments.
Disclaimer:
The information provided on 13Desk is for informational purposes only and should not be considered financial advice. We strongly recommend conducting your own research and consulting with a qualified financial advisor before making any investment decisions. Investing in cryptocurrencies carries risks, and you should only invest what you can afford to lose. 13Desk is not responsible for any financial losses incurred from your investment activities.
