Hacked Migos Instagram Used in Alleged Blackmail Targeting Solana Co-Founder

A bizarre cyberattack involving the hacked Instagram account of hip-hop group Migos has surfaced, allegedly as part of an attempted extortion scheme aimed at Solana co-founder Raj Gokal.

On May 27, the compromised account began publishing a series of now-deleted posts that appeared to show images of Gokal holding government-issued IDs, including a passport and driver’s license. Captions suggested a failed demand for “40 BTC,” hinting at a ransom Gokal allegedly refused to pay.

One post also purported to show Gokal’s wife holding identification, while others contained what seemed to be private contact details such as phone numbers and email addresses.

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The photos resembled those commonly used in Know Your Customer (KYC) verifications, though it remains unclear how the images were obtained or whether they are authentic.

The posts were widely interpreted as an attempt to publicly pressure Gokal following unsuccessful efforts to access his digital accounts. Just a week earlier, Gokal warned via X (formerly Twitter) that attackers were targeting his email and social profiles, urging caution over suspicious activity.

Both Gokal and the Solana Foundation have yet to issue a public response regarding the incident. The situation mirrors other recent high-profile account hacks, including one involving McDonald’s Instagram, which was used to promote a memecoin scam.

Alexander Stefanov

With over 8 years of experience in the cryptocurrency and blockchain industry, Alexander is a seasoned content creator and market analyst dedicated to making digital assets more accessible and understandable. He specializes in breaking down complex crypto trends, analyzing market movements, and producing insightful content aimed at educating both newcomers and seasoned investors. Alexander has built a reputation for delivering timely and accurate analysis, while keeping a close eye on regulatory developments, emerging technologies, and macroeconomic trends that shape the future of digital finance. His work is rooted in a passion for innovation and a firm belief that widespread education is key to accelerating global crypto adoption.