Gunit Gone Wrong: How a Celebrity Hack Unveiled a Pump-and-Dump Scheme
5 months ago
Hamza Malik
On June 21st, 2024, 50 Cent's Twitter account was hacked. The hackers used it to promote a fake meme coin, GUNIT, causing its value to soar. This article explains how the scam unfolded, the quick crash after 50 Cent revealed the hack, and what it means for investors and the meme coin market.
