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Metallica’s Social Media Hacked by Cryptocurrency Scammers
MetallicaThis week ‘s social media was hacked by cryptocurrency scammers targeting his fans.
A post promoting a Solana-based token called “Metal” appeared on the veteran Bay Area rock band’s site Wednesday, June 26 X accountmade official mentioning Ticketmaster as a partner, second screenshot of the now deleted posts shared online.
“Prepare for takeover,” reads the first post. “Take advantage of $METAL, a new dynamic token on the Solana blockchain ready to revolutionize the way you experience events and shop online. In collaboration with @Ticketmaster.”
Subsequent posts featured graphics using Metallica’s yellow and black color scheme from their latest album, “72 Seasons,” and included logos for Ticketmaster and MoonPaya fintech company based in Miami, Florida. Hackers used Metallica’s account to post instructions on how to redeem “Metal” tokens for concert tickets and exclusive merchandise, including a signed Xbox Series
By the next day the bill was back to normal. Although Metallica has not officially commented, the band retweeted a message from MoonPay president Keith Grossman, clarifying that his company does not support “Metal.”
The convincing nature of the scam has led some fans to fall for it, which is not surprising given that other bands like Megadeth and Avenged Sevenfold have launched crypto tokens in the past.
The “Metal” token briefly rose to a high of $3.37 million within 20 minutes of the scam’s launch, but plummeted to $90,000 after three hours.
Previously, it was Metallica fans targeted by scammers in December 2022 with fake giveaways during the release of “72 Seasons,” resulting in at least one fan losing $25,500 in Bitcoin.