๐ฑ๐จBinance CEO's Account Hacked, This Meme Coin Introduced: Price Soars, Then Crashes!๐จ๐จ
Lookonchainโs blockchain system consistently shows that #Binance โs new CEO, #YiHe , had his WeChat account hacked, and a little-known meme coin, MUBARA, was manipulated in a classic pump-and-dump operation.
๐ What Happened?
The attackers shared fake โconfirmationโ messages in Yi Heโs name, โdirecting people to buy MUBARA.โ As soon as the posts went viral, trading volume and price skyrocketed on Dexscreener.
๐งฉ Attackers' Tactics
โข Two archives were available just 7 hours before the hack
โข 21.16M MUBARA were purchased for a total of $19,479
โข The dumping process began after liquidity increased following fake announcements
โข $43,520 has been collected from the sale of 11.95M MUBARA so far
โข With their remaining 9.21M MUBARA, the attackers' total profit is approximately $55,000
โ ๏ธ CZ confirmed the hack and warned the user:
โDo not trust the messages.โ
Yi He stated that he does not use WeChat and that even his phone number was compromised.
๐ Social engineering + transaction manipulation = A recurring crypto classic.
๐ Decentralized markets, identity verification, and social media security are more critical than ever!
This is not investment advice.
