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Hacker Takes Control of Yi He's WeChat Account to Execute Pump and Dump Scheme for Mubarakah Coin
A hacker attacked the WeChat account of Yi He, co-founder of Binance, to execute a pump-and-dump scheme related to the Mubarakah coin, achieving profits of approximately $55,000.
This incident highlights the growing concerns about the manipulation of cryptocurrency markets through hacking social media accounts. Security analysts quickly tracked the hacker's transactions and uncovered details of the fraudulent scheme.
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