Hackers Pose As Saudi Crown Prince Mohammed Bin Salman In Crypto Con, Scam Coin Crashes 58%

Scammers impersonated Saudi Arabia’s Crown Prince Mohammed bin Salman to promote a fraudulent meme coin on Monday.

What happened: In now-deleted posts, the X account of the Saudi Law Conference was hacked to shill the so-called Official Saudi Arabia Memecoin. 

The now-deleted posts revealed that hackers updated the account with the crown prince’s name and photo to legitimize the memecoin.

Full story available on Benzinga.com