Hackers Compromise Metallica's X Account to Promote Solana Meme Coin

Hackers Compromise Metallica’s X Account to Promote Solana Meme Coin

The American heavy metal band Metallica seems to have fallen victim to hackers on their X account. The incident occurred on June 26 in the early morning when the hacker promoted Solana meme coins.

The Metallica hack emerged as the latest incident where criminals target celebrities to promote fraudulent schemes.

Metallic X Account Compromised

The hackers claimed that Metallic had partnered with Ticketmaster and MoonPay to launch the Solana meme coin METAL. The criminals hyped the token to entice more customers into buying the token.

On the X post, the hackers claimed that the buyers would receive exclusive rewards such as free concert tickets, merchandise, and gaming consoles if they withdrew their METAL tokens.

In the subsequent post, the bad actor claimed that the METAL token offered the buyer multiple earning options, such as stacking rewards. On Crypto Twitter, users raised alarms about fake METAL promotions.

The MoonPay President was the first to respond to the scam. The executive stated that the MoonPay does not support METAL tokens. In retaliation, the scammer claimed to be in dialogue with MoonPay concerning the partnership to offer METAL tokens.

Hackers Target Celebrities Accounts

The criminal purported that the discussion between Metallic and MoonPay was emailed.  The criminals argued METAL token seeks to onboard more users to the Solana blockchain.

Furthermore, the scammers claimed that MoonPay and Metallic would soon allow the investor to acquire METAL tokens using their debit and credit. Having not engaged in any dialogue with the Metallic band, MoonPay warned the customers concerning the scam.

The Bitcoin payment company quoted in Metallic’s 1986 single album, “If someone is offering you a METAL token, they are not the master of puppets but they’re the master of scams.”

Other X users expressed mixed reactions concerning the Metallic hack. An X account LimeWire tweeted to confirm whether the post was from the acoustic drummer Lars Ulrich and his team.

LimeWire has disputes with Metallic and other musicians over piracy. Through the intervention of law enforcers, the LimeWire account was suspended in 2010. Other X users also contacted the heavy metal band to inquire more about the METAL token offering.

Rise of Crypto Crime

An hour after the incident, the Metallic team took corrective action to address the hack. Firstly, the band blocked the X account to prevent further damage. The band deleted earlier tweets, audio calls, and public comments on the compromised X account.

During the downtime, the Metallic native token METAL rallied to trade at $0.003. According to Dexscreener, METAL  trading volume reached over 30,000 shortly after the hack. At press time (o6.27 UTC), the METAL price has dropped to $0.00007.

Even though the hacking incident was short-lived, it’s still unclear how the hackers compromised  Metallica X’s account.

Occasionally, hackers use a brute-forceful approach to gain unauthorized access to user accounts. Metallic joins the list of celebrities who fell into the hacker’s trap.

Earlier this week, the 50 Cents, nicknamed Curtis Jackson, reported that his X account had been hacked. The hackers breached the 50 Cent X account to promote a Solana-based meme coin, GUNIT.

As celebs develop their meme coin, the hackers have devised various strategies to take advantage of this crypto assets. A few days ago, the 34-year-old American singer Jason Derulo, in partnership with Sahil Arora, launched his token, JASON.

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