‼️ WeChat of Binance's co-director hacked — to "pump" the meme-coin MUBARA😡
💥 Hackers gained access to Yi He's old WeChat account and started promoting the meme-coin MUBARA in her name.
📈 After a "fake recommendation," the price of MUBARA skyrocketed — investors rushed to buy, thinking that the coin was supported by top Binance.
💸 What was the scheme?
🔹️ They bought large volumes of MUBARA in advance
🔹️ Created artificial demand through alleged "support from Binance"
🔹️ Sold tokens at the peak
🔹️ Made ≈ $55,000 profit
🗣️ Binance stated:
🔹 Post on WeChat is fake
🔹 The account is old and inaccessible to Yi He
🔹 Warned investors: do not trust coins promoted through hacked accounts
💬 A classic pump-and-dump through trust in social media.
Even a top manager of Binance can become a "banner" for scammers.
💬 Here are a couple more meme-coins, maybe someone will pump them too 😁
#Binance #YiHe @Yi He #news $MOODENG $WIF $FARTCOIN
