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Home CRYPTO

Sydney Sweeney Falls Victim to a Solana Memecoin Scam

Michael Juanico by Michael Juanico
July 2, 2024
in CRYPTO
Reading Time: 3 mins read
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• Sydney Sweeney’s Twitter account was hacked again and used to promote a Solana meme coin called SWEENEY in an apparent pump-and-dump scam
• Despite signs that the tweets were fraudulent, crypto traders poured $13 million into the token within less than an hour before the price crashed
• The hackers claimed responsibility for hacking other celebrities like 50 Cent and Hulk Hogan to promote meme coins, and said they plan to hack another celebrity soon

Actress Sydney Sweeney‘s Twitter account was apparently hacked for the second time this year. It was used to promote a Solana meme coin called SWEENEY. The tweets have since been deleted.

JUST IN: Sydney Sweeny's X was compromised and shared a Solana memecoin

— BlockNews.com (@blocknewsdotcom) July 2, 2024

Details of the Hack

On Tuesday afternoon, Sweeney’s account began aggressively shilling a new Solana meme coin before the posts were deleted. Despite signs that the posts were fraudulent, crypto traders poured $13 million into the token within less than an hour.

Sweeney’s account posted tweets claiming the SWEENEY token was an official offering from the actress. The tweets invoked crypto lingo, referring to Sweeney as the “Queen of Sol” and mentioning crypto personalities.

Many in the crypto community were aware the tweets were likely fake. Sweeney and other celebrities have suffered similar hacks recently used to promote Pumpfun meme coins. Sweeney herself endured a similar hack earlier this year.

Despite this, some traders thought they could profit from the hype around the new coin. The price of SWEENEY skyrocketed 2500% then collapsed within 15 minutes. But it saw $136 million in trading volume during that time.

Aftermath

Within an hour, Sweeney appeared to regain control of her account and deleted all SWEENEY token references. She has not publicly addressed the hack.

The hackers admitted in the SWEENEY Telegram channel that they were responsible for hacking Sweeney and other celebrities. The hackers say they plan to hack another more popular celebrity soon to promote a presale for their next token.

No one has taken the hackers up on their presale offer. Sweeney has yet to make a statement about the hack.

Disclaimer: BlockNews provides independent reporting on crypto, blockchain, and digital finance. All content is for informational purposes only and does not constitute financial advice. Readers should do their own research before making investment decisions. Some articles may use AI tools to assist in drafting, but every piece is reviewed and edited by our editorial team of experienced crypto writers and analysts before publication.
Tags: SolanaSolana meme coinSWEENEYSydney Sweeney
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Michael Juanico

Michael Juanico

Michael is a BSBA Management graduate from Mindanao State University and has been a professional content writer since 2019. He began exploring cryptocurrency in 2021 and has since made blockchain and digital assets his primary focus. For nearly four years, Michael has contributed research and editorial content at Aiur Labs and BlockNews, producing clear and accessible coverage of market trends, trading strategies, and project developments. He is transparent about his personal holdings in Bitcoin, TRON, and select meme tokens, combining writing expertise with hands-on market experience to deliver trustworthy insights to readers.

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