Famous rapper Curtis James Jackson III, known as “50 Cent”, claimed that the account

Popular rapper Curtis James Jackson III, known as “50 Cent”, claimed that his account and website

Also known as “rug pull,” the fraudulent developers created a new cryptocurrency token, “GUNIT,” and used Jackson’s large following — approximately 12.9 million followers — to attract more investors and raise the price, before draining its value and the price. price of the token. It crashed to $0.00016.

On June 21, Jackson posted a message to his 32.8 million Instagram followers, claiming that his X account and website had been hacked, and admitting that a significant portion of the victim’s money had been been diverted from the project.

“Twitter acted quickly to shut down my account again. “Whoever did this made $300 million in 30 minutes,” Jackson said, before declaring that he had “no affiliation with these cryptocurrencies.”

Source: 50 centimes

He posted three images showing posts from other people in the cryptocurrency community discussing Memecoin $GUNIT, with charts showing a sharp price rise followed by a sharp decline – a typical all-in pattern.

This news comes after a number of celebrities were recently linked to the launch of cryptocurrencies.

The number of celebrities promoting memecoins has increased

Caitlyn Jenner, one of the latest celebrities to enter the Memecoin cryptocurrency market, has caused confusion within the industry due to mixed messages following the launch of her token.

Speculation about his X account being hacked was initially dismissed, but later resurfaced. While defending the JENNER icon herself.

On May 27, Cointelegraph reported that Jenner’s X account posted a statement urging her followers to “send me some of your favorite memes.”

about: Memecoins are the “cornerstone” of cryptocurrencies – Galaxy Novogratz

Although she later deleted the post, she doubled down on her efforts to promote Jenner.

“This announcement for a third-party token has been removed! Like I said from the beginning, my only focus is $Jenner and the ad she put out confused a lot of people, and it wasn’t worth it. As I have said many times, I am fully focused on my $Jenner token,” she posted on X.

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