50 Cent Claims Hacker Stole $300 Million in 30 Minutes Using His Social Media to Promote Crypto
50 Cent, also known as Curtis James Jackson III, has made a shocking allegation that a hacker managed to steal $300 million in just 30 minutes. The hacker allegedly used 50 Cent's website and his X account (formerly known as Twitter) to promote a cryptocurrency.
The Incident
Taking to Instagram on Friday, June 21, 50 Cent clarified that he had no connection with the $GUNIT cryptocurrency, which was being promoted on his platforms. He revealed that his Twitter and website Thisis50.com were hacked. The rapper, aged 48, stated, "I have no association with this Crypto. Twitter worked quickly to lock my account back down. Whoever did this made $300,000,000 in 30 minutes."
Fan Reactions
His followers quickly responded, with one user humorously suggesting, "This hacker deserves a Grammy." Another commented, "I love crypto but that’s not cool."
Screenshots and Current Situation
Screenshots of the "$GUNIT" memecoin were featured in 50 Cent’s Instagram post, showing its initial market value around $1 million. As of Saturday morning, 50 Cent's X account remained locked, and his personal website was also taken down.
50 Cent and Cryptocurrency History
In the past, 50 Cent was somewhat involved with Bitcoin. In 2018, it was reported that he generated sales of over 700 bitcoins from his Animal Ambition album, netting a value of about $662 each at that time. This reportedly landed him between $7 million and $8.5 million. However, during a bankruptcy filing that same year, 50 Cent asserted that he did not possess any bitcoin and had no assets linked to cryptocurrency. He admitted to accepting some early bitcoin payments but stated that he never profited from them.
Conclusion
This incident is a stark reminder of the escalating security threats in the digital world. As the popularity of cryptocurrency continues to rise, so does the risk of cybercrimes. Individuals and celebrities alike must remain vigilant to protect their online presence from such malicious activities.
