Hacking of the CEO Pudgy Penguins account on Instagram to promote the Pump Fun coin.



According to ChainCatcher, citing a report from Protos, the Instagram account of Pudgy Penguins CEO Luca Netza was hacked and used to promote a base coin called IGLOO from PumpFun. The incident was revealed on Wednesday by NFT enthusiast "JBond" on the X platform and confirmed by the head of ecosystem development at Pudgy Penguins, "Becca".

JBond noted that Luka Netc's account may have been compromised, as he published information about a new coin called IGLOO, which is associated with the treasury of IglooInc and was created through the Pump Fun link. JBond emphasized that this is not in line with the usual practice of the Pudgy Penguins team and advised everyone to remain cautious until an official statement is released. Despite the suspicious nature of the publication, at the time of publishing, the market capitalization of the coin IGLOO was around $16,000, and the daily trading volume was approaching $72,000.
PENGU-2.96%
PUMP-7.46%
FUN-0.33%
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GateUser-73fa270evip
· 08-18 22:45
Bitcoin is a cryptocurrency that was invented in 2008 by an unknown person or group using the name Satoshi Nakamoto. It started to be used by people when it was released as open-source software in 2009.
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