{"id":140920,"date":"2024-10-30T12:30:24","date_gmt":"2024-10-30T10:30:24","guid":{"rendered":"https:\/\/cryptodnes.bg\/en\/?p=140920"},"modified":"2024-10-30T02:52:27","modified_gmt":"2024-10-30T00:52:27","slug":"social-media-account-hack-raises-concerns-over-memecoin-scam","status":"publish","type":"post","link":"https:\/\/cryptodnes.bg\/en\/social-media-account-hack-raises-concerns-over-memecoin-scam\/","title":{"rendered":"Social Media Account Hack Raises Concerns Over Memecoin Scam"},"content":{"rendered":"<p>The bot\u2019s creator, Andry Areay, <strong><a href=\"https:\/\/x.com\/ConstellateLabs\/status\/1851168177667088435\">revealed<\/a> <\/strong>that his account was hacked, allowing scammers to exploit its popularity.<\/p>\n<p>The scam began with the memecoin Goatseus Maximus, which surged in value after being promoted by Truth Terminal. Areay had previously secured $50,000 in funding from Marc Andreessen and gained substantial GOAT tokens, becoming the first AI bot millionaire.<\/p>\n<p>However, after his X account was compromised, a hacker falsely claimed that Areay launched the IB token, leading to a valuation of $25 million.<\/p>\n<style>\n    .dark-mode .read-more {background-color: #343a40 !important;}\n<\/style>\n<div class=\"read-more pb-3 pt-3 pt-md-2 px-3 my-4 border bg-light\">\n    <h5 class=\"text-uppercase border-bottom mb-3 pb-1 d-none d-md-block\">READ MORE:<\/h5>\n    <a class=\"article row\" href=\"https:\/\/cryptodnes.bg\/en\/gemini-secures-preliminary-approval-for-major-payment-institution-license-in-singapore\/\" title=\"Gemini Secures Preliminary Approval for Major Payment Institution License in Singapore\">\n        <div class=\"contentRight col-4\">\n            <span class=\"imgContainer mt-0\">\n                <img decoding=\"async\" class=\"image img-defer\" src=\"https:\/\/cryptodnes.bg\/en\/wp-content\/uploads\/sites\/2\/2022\/06\/gemini-1.jpg\">\n            <\/span>\n        <\/div>\n        <div class=\"contentLeft col-8\">\n            <h4 class=\"title mb-0\">Gemini Secures Preliminary Approval for Major Payment Institution License in Singapore<\/h4>           \n            \n        <\/div>        \n    <\/a>\n<\/div>\n<p>The hacker profited over $600,000 by selling large amounts of IB tokens shortly after the scam\u2019s launch. Despite the breach, Areay alerted his followers about the scam and emphasized that Truth Terminal would never promote token links.<\/p>\n<p>This incident highlights the increasing prevalence of crypto scams, urging individuals to remain cautious and avoid sharing personal information. In response, agencies like the FBI are adopting new technologies to combat these threats.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The AI bot Truth Terminal has gained attention for its involvement in a memecoin scam that caused significant losses for its followers.<\/p>\n","protected":false},"author":7,"featured_media":28158,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_lmt_disableupdate":"","_lmt_disable":"","footnotes":""},"categories":[26],"tags":[],"class_list":["post-140920","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-cryptocrime"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v24.4 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Social Media Account Hack Raises Concerns Over Memecoin Scam<\/title>\n<meta name=\"description\" content=\"The AI bot Truth Terminal has gained attention for its 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