- Hollywood star Sydney Sweeney’s X account was hacked, with scammers promoting the memecoin SWEENEY to her million followers.
- This incident highlights the increasing trend of using celebrity names in memecoin scams.
- In just under an hour, SWEENEY amassed a trading volume of $13 million.
Sydney Sweeney’s X account hack has proven the vulnerability of celebrity social media accounts to crypto-related scams, emphasizing the need for better security measures.
Sydney Sweeney Dubbed “Queen of Solana” in Hacked Account Scandal
On July 2nd, Sydney Sweeney’s X account was hacked and used to promote a memecoin named SWEENEY on the Solana blockchain. The hacked account posted multiple cryptocurrency-related messages, dubbing her the “Queen of Solana” and referencing known crypto influencers like Sahil Arora.
The hacked posts sparked suspicion within the crypto community. This skepticism was justified given the recent wave of similar memecoin scams involving other celebrities like 50 Cent and Hulk Hogan.
Recurrence of Crypto Scams Targeting Celebrities
This isn’t the first time Sweeney’s account was compromised for crypto promotion. Earlier this year, hackers used her account to market a sexually-themed Solana memecoin. Despite the obvious signs of a scam, some crypto enthusiasts chose to capitalize on the launch, contributing to the chaotic trading activity.
SWEENEY’s price spiked over 2,500% within 15 minutes of the hack but plummeted back down to zero within the next hour. Nevertheless, the memecoin achieved a staggering $13.6 million in trading volume during this short period.
Memecoin Scammers Systematically Targeting High-Profile Celebrities
Post-incident, Sydney Sweeney’s X account was reclaimed and all memecoin-related posts were deleted. No official statement regarding the hack has been made yet. The complexity of the situation is compounded by hackers confessing on Telegram to hacking the accounts of multiple celebrities, including 50 Cent and Hulk Hogan.
Scammers are now planning their next move. In Telegram groups, they have hinted at targeting even more famous individuals and have invited investors to participate in token presales by sending at least 5 SOL ($762) to an anonymous Solana wallet.
Conclusion
The hacking of Sydney Sweeney’s X account to promote a fraudulent memecoin serves as a reminder of the persistent threat of crypto scams, particularly those exploiting celebrities. This incident underscores the importance of heightened security measures to protect public figures’ social media accounts. Investors are urged to remain vigilant and conduct thorough research before engaging in any cryptocurrency investments.
