Hackers compromise McDonald’s Instagram account to conduct $700k rug pull

Gino Matos

Fast food chain McDonald’s’ Instagram profile promoted a scam memecoin deployed on Solana (SOL) after being compromised. The token — called GRIMACE — hit a $25 million market capitalization within two hours of its launch before it was rugged and lost more than 95% of its value. The scammers, who identified themselves as “India_X_Kr3w,” claim […]

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Hackers compromise McDonald’s Instagram account to conduct $700k rug pull