Hacker Who Hijacked Yi He's WeChat Account Performed Pump and Dump on Mubarakah Token
A hacker hijacked the WeChat account of Binance co-founder Yi He and executed a pump and dump scheme using the Mubarakah token. As a result, they made approximately 55,000 dollars in profit.
This security breach has raised concerns about the increasing manipulation of the cryptocurrency market through the hijacking of social media accounts. Security analysts quickly tracked the hacker's activities and uncovered all the details of the fraud.