Celebrity Instagram Accounts Hacked: Multiple celebrity accounts, including those of Adele, Future, Tyla, and Michael Jackson, were hacked to promote a Solana-based memecoin pump-and-dump scheme.
AI-Generated Posts: The hacker posted AI-generated content featuring Future with a large coin called FREEBANDZ, which led to the meme coin's market cap reaching $900K before it crashed.
Security Concerns: Following the hack, Future's account was deactivated to protect his brand, while other affected celebrities have not commented. Cyber experts are raising concerns about Instagram's security vulnerabilities.
Rise in Crypto Scams: The cryptocurrency sector has seen a significant increase in scams, with hackers stealing $142 million in July 2025 alone, highlighting the urgent need for improved user protection measures.
