50 Cent’s Social Media Accounts Used for Major Crypto Scams, Millions Stolen

Rapper 50 Cent's social media accounts were hacked on multiple occasions to promote various cryptocurrency scams, resulting in the theft of millions of dollars. The hacker used 50 Cent's significant online presence to execute fraudulent schemes involving a Solana meme coin and the GUNIT token, misleading investors and causing substantial financial losses. 50 Cent has publicly distanced himself from these activities, affirming that he had no involvement in the scams.

• Defendant: 50 Cent (victim of account hacking)
• Crime: Hacker used 50 Cent’s accounts to promote multiple cryptocurrency schemes
• Amount Defrauded: Approximately $300 million in one instance, $3 million in another
• Method: Used hacked social media accounts and website to promote fraudulent cryptocurrencies
• Sentence: Not applicable (hacker unidentified)
• Additional Penalties: None mentioned
• Investigating Agency: Not mentioned
• Plea: Not applicable
• Prosecutor's Statement: Not applicable

• Initial Incident: A hacker accessed 50 Cent's social media accounts, using them to promote a Solana meme coin. This led to significant trading activity and financial losses before the scam was exposed.
• Subsequent Incident: The hacker again compromised 50 Cent's accounts to push the GUNIT token, claiming to have made $300 million in 30 minutes. This figure was later corrected to $3 million.
• Public Response: 50 Cent addressed the incidents publicly, confirming the hacks and clarifying his lack of involvement. His social media accounts and website were temporarily unavailable as security measures were implemented.

Rapper 50 Cent's social media accounts were hacked multiple times to promote fraudulent cryptocurrency schemes, leading to significant financial losses. The hacker used 50 Cent's substantial online following to execute scams involving a Solana meme coin and the GUNIT token. Initially, 50 Cent reported a $300 million theft, later corrected to $3 million. These incidents highlight the vulnerabilities in social media security and the substantial risks associated with cryptocurrency fraud. 50 Cent has publicly denied any involvement, stressing the need for enhanced cybersecurity measures to protect against such breaches.