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Altcoins & DeFi

NBA Instagram Hacked to Promote Suspicious Solana Token

Image: TokenPost

A post on the NBA’s official Instagram account promoted a suspicious token on Solana early Thursday, Oct. 15, putting a crypto pitch before the league’s large U.S. audience. The account appeared to have been compromised. The token was rugged near the $40,000 mark, while the promotion drew little buying interest. The post put a crypto pitch on a high-visibility sports profile. Crypto users have grown accustomed to social-media account attacks that promote tokens, and this post did not prompt broad buying. The token’s run ended quickly after the promotion.

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