Canadian rapper Drake’s X account hacked to promote fake meme coin

The hack resulted in ANITA surging to $4.9 million in buying and selling quantity, which was pumped on account it was tied to Drake’s upcoming tour.

Canadian hip-hop mogul Drake had his X account compromised on Dec. 15, with malicious actors utilizing it to advertise a meme coin dubbed Anita.

Inside hours, the newly minted token rose to $4.9 million in quantity, largely on account of the rapper’s 39 million followers, who believed it to be related to his upcoming tour, referred to as the Anita Max Wynn tour.

Canadian rapper Drake’s X account hacked to promote fake meme coin - 1
Screenshot displaying Drake’s X account hacked on Dec. 14, 2024.

The commercial claimed that the token was created along with betting platform Stake, a model that Drake has lengthy been related to.

Quickly after launch, the meme coin surged in buying and selling quantity with over 7,000 purchase orders. Nonetheless, evaluation by the likes of crypto sleuth Zachxbt and quite a few others shortly surmised the meme coin to be a rip-off.

The state of affairs involving Drake isn’t distinctive, with quite a few different celebrities additionally falling sufferer to comparable hacks. In December 2024, Cardi B and Doja Cat suffered comparable compromises; whereas Halley Welch, the Tik Tok star and podcaster made well-known by the viral “Hawk Tuah” video, was lately referred to as out by the crypto group for selling HAWK, which reached $480 million in market cap earlier than crashing and leaving buyers and her followers holding the bag.

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