A hacker hijacked the WeChat account of Binance co-founder Yi He to carry out a pump-and-dump scheme involving the Mubarakah token, generating roughly $55,000 in profits. This breach highlights rising concerns about the manipulation of cryptocurrency markets through compromised social media accounts. Security analysts swiftly tracked the hacker’s transactions, uncovering the details of the fraudulent operation. Coordinated Exploit Targets Binance Executive’s Social Platform The hacker accessed Yi He’s WeChat account and posted promotional content about the Mubarakah token
source: https://beincrypto.com/yi-he-wechat-hack-mubarakah-pump/