Metallica's Social Media Hacked to Promote Fake Crypto Token
The band's X account was compromised to advertise a fraudulent Solana-based token, leading to significant financial losses for investors.
- Hackers falsely claimed partnerships with Ticketmaster and MoonPay to lend credibility to the scam.
- The METAL token's value briefly peaked at $3.37 million before crashing to near-zero.
- Metallica's team regained control of the account and deleted all related posts.
- This incident follows similar hacks involving celebrities like 50 Cent and Hulk Hogan.
- Experts emphasize the importance of verifying information from official sources to avoid such scams.