Hackers use McDonald’s Insta to promote the Meme Coin GRIMACE

On August 21, 2024, a hacker hijacked one of the biggest fast-food chains McDonald’s Instagram accounts to promote a fake Solana-based meme coin called “GRIMACE.” Within just 30 minutes, the hackers stole over $700,000 in funds, as this fake token skyrocketed and its market capitalization reached $25 million before crashing to $1 million, according to … source: https://coinpedia.org/news/hackers-use-mcdonalds-insta-to-promote-the-meme-coin-grimace/