In another memecoin scam, hackers took over an account impersonating Saudi Crown Prince Mohammed bin Salman and used it to announce a fake “official” Saudi Arabia Memecoin ($KSA) at 15:00 UTC.
But they didn’t stop there! The hacked account also dropped another tweet hyping up FALCON ($FLCN), complete with a shady website (FLCN.meme). The tweets made some noise before they mysteriously disappeared.
Now, the account looks squeaky clean again, like nothing ever happened. Officials have confirmed it was hacked.
Classic crypto scam playbook, big name, big hype, fake coins, quick delete. If you ever see surprise “official” memecoin launches, always double-check, because chances are, it’s just another rug pull waiting to happen.
Also Read: Hacker Hijacks Witkoff’s X Account to Promote Fake Trump Token
