McDonald's Instagram Hacked, $700K Stolen in GRIMACE Solana Scam

Aug 21, 2024, 04:38 PM

McDonald's official Instagram account was hacked to promote a Solana-based memecoin called 'GRIMACE'. The market value of the token briefly surged to $25 million before crashing. The hacker reportedly made off with $700,000 in Solana through a rug pull scheme. The fraudulent post has since been deleted, and McDonald's is investigating the breach.