{"id":605241,"date":"2024-11-28T07:39:23","date_gmt":"2024-11-28T07:39:23","guid":{"rendered":"https:\/\/insidebitcoins.com\/?p=605241"},"modified":"2024-11-28T07:39:23","modified_gmt":"2024-11-28T07:39:23","slug":"on-chain-sleuth-zachxbt-alleges-former-fortnight-pro-helped-steal-3-5-million-through-meme-coin-scams","status":"publish","type":"post","link":"https:\/\/insidebitcoins.com\/news\/on-chain-sleuth-zachxbt-alleges-former-fortnight-pro-helped-steal-3-5-million-through-meme-coin-scams","title":{"rendered":"On-Chain Sleuth ZachXBT Alleges Former Fortnight Pro Helped Steal $3.5 Million Through Meme Coin Scams"},"content":{"rendered":"

On-chain sleuth ZachXBT alleges that a former professional Fortnight player from Australia has been involved in a series of meme coin scams that have stolen around $3.5 million collectively from investors.<\/span><\/p>\n

ZachXBT said in a Nov. 27 X <\/span>thread<\/span><\/a> that wallet addresses of the former Fortnight pro, who goes by the online alias “Serpent,” has “high exposure” to several meme coin scams launched through Pump.fun and that were promoted using compromised social media accounts.<\/span><\/p>\n

\"30k+<\/p>\n

ZachXBT Says “Serpent” Was Involved In High-Profile Social Media Hacks<\/span><\/h2>\n

ZachXBT said in the thread the former Fortnight player was involved in some of the biggest social media hacks this year, which all promoted fake tokens. These include the Aug. 21 McDonald’s Instagram account hack, which promoted a Solana meme coin called <\/span>GRIMACE<\/span><\/a>. <\/span><\/p>\n

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1\/ Over the past few months I have been tracking a series of related compromises for McDonald’s, Usher, Kabosu Owner, Andy Ayrey, Wiz Khalifa, SPX 6900, etc on X & IG which has resulted in an estimated $3.5M+ stolen via launching Pump Fun meme coins. pic.twitter.com\/ViZeHzQy5b<\/a><\/p>\n

— ZachXBT (@zachxbt) November 26, 2024<\/a><\/p><\/blockquote>\n