Rapper Drake X account suspected of being hacked and promoting Solana Meme coin, trading volume reached $5 million at one point
Canadian rapper Drake's X account, which has more than 39 million followers, was suspected to have been hacked on Saturday night and promoted a Solana Meme coin based on his cartoon "stand-in character". At one point, the coin traded for $5 million, but it was later confirmed to be a scam and the post has been deleted.
The fake post also claimed that the Meme coin was launched in partnership with Drake's preferred cryptocurrency betting platform, Stake. The fraudulent token "$ANITA" has the same name as Drake's Anita Max Wynn Tour, which will see Drake return to Australia and New Zealand for the first time since 2017.