🚨 Alert: Binance Co-CEO WeChat Hacked! Pump & Dump Memecoin Alert
Binance co-CEO Yi He’s WeChat account was hacked and used to promote a memecoin called Mubarakah (MUBARAKAH). ⚠️💻
🔥 What Happened:
Hackers posted memecoin promotions via Yi He’s account
Artificial demand created → price surged from $0.001 → $0.008
Market cap briefly hit $8M before crashing back to ~$3.08M 📉
Binance founder CZ warns: “Don’t buy meme coins from hacked posts!”
⚡ Key Points:
Yi He no longer has access; phone linked to account was compromised 🔑
The attack triggered a classic pump-and-dump, mostly on DEXs
Web 2.0 social media security is weak — always verify official sources 🛡️
💡 Takeaways:
Avoid buying coins promoted via hacked or suspicious social accounts ❌
Double-check official Binance channels before trading
Memecoins are extremely risky, especially during artificial pump events 🚀💥
🚨 Market Impact:
Brief hype caused price volatility
Current price of MUBARAKAH: ~$0.003
Market cap: ~$3.08M
Stay alert and safe! Always verify sources and avoid following social media hype blindly. 👀
