The McDonald’s, $MCD, instagram was hacked, where it pumped and dumped a $SOL solana altcoin

McDonald’s official Instagram page was briefly taken over by a crypto scammer who claimed to have stolen $700,000 worth of Solana from unsuspecting users. The hack, which occurred on August 21, 2024, marked the latest in a series of incidents where high-profile social media accounts have been compromised by crypto scam artists.

Over the past few years, as cryptocurrency has gained popularity, scammers have increasingly targeted popular social media accounts to execute fraudulent schemes. This time, one of the most recognizable fast food chains, McDonald’s, fell victim.

Although McDonald’s has since regained control of its Instagram account, news of the hack quickly spread across social media platforms, highlighting the growing security risks associated with online platforms and crypto-related scams.