Big news in the world of cryptocurrencies! A famous person who helped create a Solana project called Meteora had their social media account hacked. Someone pretending to be them posted bad things about other people involved in creating fun, silly crypto coins called memecoins. It caused a lot of confusion and worry for investors. This also relates to a problem with a memecoin called LIBRA connected to an Argentinian politician.
- Someone hacked the social media account of a Meteora co-founder.
- The hacker posted false information about other cryptocurrency projects and people.
- This happened around the same time as a problem with a memecoin called LIBRA, which was connected to a politician.
- Investors were warned to be careful and not click on any suspicious links.
| Coin | What Happened |
|---|---|
| LIBRA | Rose to $5 briefly, then crashed, losing investors money. |
| Various Memecoins (MELANIA, MATES etc.) | Involved in controversy surrounding Meteora and accusations of scams. |
