Overview

• Multiple verified Disney Instagram accounts posted promotions for a nonexistent cryptocurrency on the morning of October 1, 2025.
• Fans reported losses ranging from hundreds to thousands of dollars within minutes before the posts were taken down.
• A Reddit user said the token’s market cap plunged from about $60,000 to $7,000, and an X user shared screenshots of the fake posts.
• Disney removed the content and is investigating the breach, though it has not provided detailed public confirmation.
• Cybersecurity experts cited in coverage warn that brand-impersonation crypto schemes are increasingly common and urge independent verification before transacting.