š¤£ You Won’t Believe What Happened to a Crypto Mogul’s Social Media Account! š¤£
Oh, the scandal! Hackers, those scoundrels! Targeted World Liberty Financial co-founder Zach Witkoff, using his X account to peddle a fake meme coin based on Barron Trump. Moderators, those selfless saints, quickly removed the post, but BARRONās price has yet to decline.
Political meme coin scams are all the rage, my dear friends! How delightful! A fresh supply of gullible victims is strongly incentivizing naked robbery. How… thrilling!
BARRON Meme Coin Hasnāt Fallen Yet
Since Donald Trump launched his TRUMP meme coin, the industry has taken a dark turn. Crypto scams have entered a golden age, with scammers stealing $857 million off TRUMP in the first week of his Presidency. Today, hackers compromised WLFI co-founder Zach Witkoffās social media account and briefly used it to promote a fake BARRON meme coin.
āAccount was hacked. Thanks to X and James Musk [Elonās cousin] for hopping on this quickly. You guys are the best!ā Witkoff claimed.
Needless to say, the meme coin had absolutely nothing to do with the Presidentās son, Barron Trump. However, his daughter also had to deny all association with an IVANKA meme coin, but that scam still proved profitable. How… clever!
After moderators removed the post and Witkoff warned investors, the assetās price didnāt even fall from its spike. BARRON and other Trump family fake meme coins are just the tip of the iceberg. Or should I say, the tip of the Trump Tower?
A wave of scam political-themed meme coins is tearing its way through the crypto space, and luminaries like Vitalik Buterin feel powerless to stop it. How… tragic!
There are plenty of examples of this worrying trend. In January, scammers falsely associated an XRP wallet with the US Treasury, but itās unclear how much money it actually made. Oh, the intrigue!
Most recently, the X accounts of two former heads of state, a Brazilian President and a Malaysian Prime Minister, were hacked to promote fake meme coins. Both scams earned over $1 million.
In short, the crypto space should brace for a lot more fake meme coins like BARRON in the future. A survey claimed that 40% of TRUMP investors were total newcomers to the space, and scammers are fully exploiting this trend. How… delicious!
Itās difficult to say how the current meme coin craze will continue to unfold. The most challenging aspect is that users often know these tokens are scams but still intentionally trade them to try their luck. This speculative trading practice is almost becoming similar to gambling, and itās impacting the industryās credibility. Oh, the shame!
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2025-02-13 04:08