COINOTAG News reports that on March 13th, an alarming security breach involving the popular investor account @tier10k came to light, as per monitoring by LookIntoChain. The account was hacked, leading to the circulation of misleading information regarding a purported “TRUMP Token to Gain Utility.” In a rapid response, a whale established a new wallet and hastily withdrew 504,820 USDC from Binance to capitalize on the situation by purchasing TRUMP tokens. However, upon verifying the hack related to the @tier10k account, this whale liquidated its TRUMP assets within a mere two minutes, incurring a significant loss of $26,820. This incident highlights the increasing prevalence of account hacking in the cryptocurrency landscape. COINOTAG underscores the necessity for users to exercise **caution** when interpreting market news and emphasizes the importance of verifying information before making trading decisions.
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