Twitter Account Hack Leads to Fake News and Costly Losses in the Crypto Market
In a dramatic turn of events, the popular crypto influencer @tier10k found their Twitter account hacked. The hacker took advantage of this influencer's significant following in order to announce a series of unfounded claims that sent the cryptocurrency market into a tizzy. Most of the falsehoods being propagated via @tier10k's account concerned the $TRUMP token, a cryptocurrency backed by the Donald Trump swaps and the entire Trump family. The truth of those claims was already sufficiently in doubt that the token's price, which just a few hours earlier had been hovering around 1 cent, was by then falling back down to about the same position it had traded in before this whole fiasco began. The Fake News and Its Immediate Impact on $TRUMP The chaos started when the hacked @tier10k account spread false information saying that $TRUMP, a not-so-well-known cryptocurrency, […]