Cryptocurrency fraud involving Kylian Mbappé: What happened?

Attack on Kylian Mbappé’s Account to Promote Fake Cryptocurrency “Token”

The famous French footballer Kylian Mbappé, a star of PSG and the French national team, fell victim to a hacking attack on his social media account. Unfortunately, the hackers exploited Mbappé’s popularity to promote a cryptocurrency-related scam.

Fake “$MBAPPE Token” Riding the Wave of Popularity

The operating hackers used Mbappé’s account to promote a fake “token” named $MBAPPE. Interestingly, this deceptive “token” quickly reached a market capitalization of tens of millions of dollars, posing a serious threat to investors.

Losses of a Cryptocurrency Investor

One cryptocurrency investor suffered significant financial losses, losing over $1 million in just one hour due to the collapse of the scam related to the fake “$MBAPPE Token” promoted on Mbappé’s account.

Pump.fun Platform and $MBAPPE Token

It should be noted that the fake $MBAPPE token was created using the Pump.fun platform, operating on the Solana network. The attack on Mbappé’s account caused violent price fluctuations for this fraudulent “token,” which had negative consequences for uninformed investors.

Speculations About the Attack on Mbappé’s Account

Speculations are circulating in the media regarding whether the posts promoting the fake “token” on Mbappé’s account were the result of hackers’ actions or if the footballer himself was involved in this controversial promotional campaign.

Effects of the Scam: Gains and Losses

Nevertheless, some managed to profit from this scam. For instance, one investor purchased the token for 2 SOL (approximately $286) and sold it at a much higher price, generating a profit of about 1,398 SOL (approximately $200,000).

Exploitation of Celebrities’ Fame in Cryptocurrency Scams

The scenarios involving the use of well-known personalities from popular culture, such as celebrities or athletes, in cryptocurrency-related scams continue to pose a real threat. In the past, Mbappé’s image has been misused to promote fake cryptocurrencies, leading him to take legal action to defend his reputation.

Hacking of Social Media Accounts – Examples

Hacking attacks on social media accounts are not a marginal phenomenon. For example, the Instagram account of McDonald’s was also compromised by hackers and used to promote a questionable meme-based “token” called Grimace.

Risk for Investors and the Need for Caution

In summary, the attack on Kylian Mbappé’s account and the use of popular social media platforms to promote fake cryptocurrencies serve as a warning to investors about the need to exercise extreme caution and verify information before making investment decisions in this rapidly evolving sector.