rapper 50 cents He recently claimed that he was hacked by an infamous cryptocurrency schemer who ended up making millions of dollars in the process.
The musician, whose legal name is Curtis James Jackson III, wrote about the pump and dump incident on Instagram on Friday. The scammer used the rapper's X account to promote a crypto token called $GUNIT, a reference to G-Unit, a hip-hop group that 50 Cent was previously a part of.
The scammer posted this message on Friday: "$GUNIT for winners only...", which led an unknown number of users to purchase the coin.
He The "Candy Shop" rapper Account X was subsequently blocked. As of Saturday afternoon, the social media account is still down, as is the rapper's personal website.
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Rapper 50 Cent claims a hacker gained access to his X account to promote a crypto pump-and-dump scheme. (iStock/Getty Images)
"My Twitter and Thisis 50.com were hacked. I have no association with this Crypto," 50 Cent wrote on Instagram. "Twitter worked quickly to re-block my account."
"Whoever did this made $3,000,000 in 30 minutes."
50 Cent's Instagram post has racked up more than 57,000 likes as of Saturday afternoon and prompted hundreds of social media users to comment.
"The first time I hesitated he saved me... because I was about to go all out," one person wrote.
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Curtis "50 Cent" Jackson performs on stage at Madison Square Garden on August 20, 2019 in New York City. (Michael Kovac/for STARZ/Getty Images)
"Whoever bought it without investigating deserves to have their money stolen," said another user.
Other commenters were amused by the situation and took the opportunity to reference rapper Sean "Diddy" Combs. recent legal issues.
"It was Diddy!!! He needs to pay legal fees," one person joked.
Rapper 50 Cent performs on stage during the concert prior to the BC Lions' season-opening game against the Calgary Stampeders in Vancouver, Canada. (Andrew Chin/Getty Images)
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"Diddy, is that you?" another wrote.