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Memcoin buyer lost $1 million in an hour

At night, the account of football player Kylian Mbappe was hacked to promote a fraudulent token.

•Several posts appeared in the hacked account of the football player in X advertising the MBAPPE token on the Solana blockchain.

•After its capitalization grew to tens of millions of dollars in just a few minutes, the creators sold their tokens and crashed the rate.

•According to observations, someone specifically created a wallet on Solana to buy a token for 7156 SOL ($1.03 million). After the rate collapsed, his investments turned into $9.2 thousand in just an hour.