{"id":567646,"date":"2024-08-22T06:55:50","date_gmt":"2024-08-22T06:55:50","guid":{"rendered":"https:\/\/insidebitcoins.com\/?p=567646"},"modified":"2024-08-22T06:55:50","modified_gmt":"2024-08-22T06:55:50","slug":"hackers-hijack-mcdonalds-instagram-scam-700k-in-solana-through-grimace-meme-coin","status":"publish","type":"post","link":"https:\/\/insidebitcoins.com\/news\/hackers-hijack-mcdonalds-instagram-scam-700k-in-solana-through-grimace-meme-coin","title":{"rendered":"Hackers Hijack McDonald\u2019s Instagram, Scam $700K in Solana Through Grimace Meme Coin"},"content":{"rendered":"
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Hackers who took over McDonald’s official Instagram account with 5.1 million followers yesterday scammed $700,000 in Solana by promoting a scam meme coin called Grimace.<\/span><\/p>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n

The hackers also gained access to the personal Twitter account of Senior Marketing Director Guillaume Huin to promote the meme coin.<\/span><\/p>\n

Screenshots shared on X reveal that McDonald’s Instagram account posted a series of promotions for the scam token, inspired by the chain’s purple mascot, Grimace.<\/p>\n

\"What<\/p>\n

McDonald’s Hacker Dumped 75% Of GRIMACE After A 195,000% Rally <\/span><\/h2>\n

Data from Bubblemaps revealed that the hacker used the Solana meme coin deployer <\/span>Pump.fun<\/span><\/a> to scoop up 75% of the token’s circulating supply. <\/span><\/p>\n

The tokens were then divided between 100 different wallets. <\/span><\/p>\n

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hacker owned 75% of the supply <\/p>\n

used multiple addresses to buy on Pumpfun simultaneously, then spread into ~100 addresses<\/p>\n

sold for $700k<\/p>\n

thanks, @McDonalds<\/a> 🍟 https:\/\/t.co\/Gt9yb3V3qp<\/a> pic.twitter.com\/ojLoiJamdy<\/a><\/p>\n

— Bubblemaps (@bubblemaps) August 21, 2024<\/a><\/p><\/blockquote>\n