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Hacked WeChat Tied to Binance Co-CEO Used to Pump MUBARA Memecoin

On-chain analysis suggests the scheme was staged hours in advance.

Overview

  • Yi He said she no longer uses WeChat and cannot recover the account after the phone number linked to it was taken over.
  • Changpeng Zhao urged users to ignore the posts from the compromised profile and warned about weak Web2 social media security.
  • Lookonchain traced two new wallets that bought about 21.16 million MUBARA for roughly 19,479 USDT via PancakeSwap routes around seven hours before the posts appeared.
  • The token jumped from about $0.001 to $0.008 with a brief market value near $8 million on BNB Chain decentralized exchanges before sliding more than 60% once selling began.
  • The attackers sold 11.95 million tokens for about 43,520 USDT and still hold roughly 9.21 million, leaving estimated realized gains near $55,000 with inventory remaining.